Osborne, who joined Debenhams on September 17, 2018, will step down from her role to take up the same position at struggling fashion retailer Ted Baker in the coming months.

She will succeed Charles Anderson, who stepped down as finance boss of Ted Baker to take up the same role at Mulberry in August after a 17-year tenure at the fashion retailer.

Osborne joined Debenhams last year from Domino’s and has previously held senior finance roles at businesses including Vodafone, John Lewis, Kingfisher and PepsiCo.