All Matalan articles – Page 4
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NewsExclusive: Matalan taps up Fiona Lambert for consultancy role
Matalan is understood to be bringing Fiona Lambert on board on a consultancy basis, Retail Week can reveal.
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NewsMatalan welcomes new chief customer and omnichannel officer from The Co-op
Matalan has named former Co-op customer and community director Ali Jones as its new chief customer and omnichannel officer.
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NewsOutgoing Matalan boss Nigel Oddy to join American Golf
Interim boss of Matalan Nigel Oddy is taking on a new role as chief executive of American Golf.
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NewsMatalan names former Lidl and Co-op bosses as new chair and CEO
Fashion retailer Matalan has announced Karl-Heinz Holland and Jo Whitfield as the company’s new chair and chief executive respectively, with immediate effect.
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NewsFormer Co-op food boss emerges as frontrunner in Matalan CEO race
Former Co-op chief executive of food Jo Whitfield has reportedly emerged as the frontrunner for the vacant top job at embattled fashion retailer Matalan.
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AnalysisThe White Company, Matalan and ProCook reveal marketing strategies for the year ahead
The White Company chief creative officer Mark Winstanley, Matalan omnichannel marketing director Jeff Howarth and ProCook chief marketing officer Angela Porter have spoken to Retail Week about why offline marketing remains critical in a new report out today
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NewsMatalan lenders pledge £100m of new investment after seizing control
Matalan’s lenders have taken over the ownership of Matalan after a prolonged corporate battle with former chair and co-founder John Hargreaves.
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NewsMatalan outlines timeframe for completion of sale
Embattled fashion retailer Matalan says it has received bids from a “number of interested parties” and expects to complete the sale process by the end of January.
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AnalysisWho will be retail’s winners and losers in 2023?
Who will thrive and who will flounder in 2023? Retail experts share their tips for the year ahead
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NewsMatalan founder Hargreaves tables last-ditch bid to retain control
Matalan founder John Hargreaves has lodged a final offer for the clothing chain in a last-ditch bid to retain control of the business.
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NewsMatalan poised to fall into hands of lenders
Matalan’s lenders are preparing to take control of the business following the deadline for rescue bids last Friday.
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NewsMatalan names Nigel Oddy as interim chief executive as it searches for buyer
Matalan has appointed retail veteran Nigel Oddy as chief executive on an interim basis, while founder and chair John Hargreaves is to step down.
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NewsMatalan hunts for buyer as Joules credit insurer pulls cover
Matalan has hoisted the ‘for sale’ sign as the value fashion firm grapples with inflationary pressures.
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NewsMatalan founder Hargreaves returns as chair
Matalan founder John Hargreaves has returned to the business as executive chair after 15 years
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NewsMatalan sales and profits rise despite Covid-related ‘obstacles’
Matalan has posted an increase in both sales and profits as the business recovered from the impacts of the pandemic.
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NewsMatalan founder Hargreaves loses court battle over tax bill
Matalan founder John Hargreaves has lost a long-running court battle over a multimillion-pound tax bill.
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Future LeadersM&S, Kingfisher and Lidl back major retail I&D programme
Fifteen major retailers and brands have joined forces with Be Inspired, Retail Week’s six-year-old diversity initiative to promote inclusivity across the industry in 2022 and beyond.
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NewsISawItFirst names former Matalan executive as new boss
ISawItFirst has appointed former Matalan deputy chief executive Greg Pateras as its new chief executive.
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Retail Navigator AnalysisMatalan (Financials)
Matalan reported that its total revenue was down 6.2% year on year to £1,082m in the 2023 financial year to 24 February 2024 as it focused on improving underlying profit and full price sales. The drop in sales reflected “strategic decisions”, as well as challenging market conditions. Pre-tax losses narrowed by 44% year on year to £60m in FY2023.
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Retail Navigator Analysis
Matalan (Overview)
Matalan is one of the UK’s leading value retailers with a domestic estate of around 230 stores – mainly situated on retail parks – as well as 50 international stores, and online operations. Products range from womenswear and menswear to homeware and furniture.
