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.... . Sir Ian Cheshire, the chairman of Debenhams, said "this is a strategy about growth", not job losses, and that the plans should lead to the creation of more jobs. ... [Read full article on BBC ]
Thursday 20th of April 2017 07:21:02 AM
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Latest Finance News related to Sir Ian Cheshire

Debenhams unveils turnaround strategy image
Source : BBC [Read Article] Thursday 20th of April 2017 07:21:02 AM
.... . Sir Ian Cheshire, the chairman of Debenhams, said "this is a strategy about growth", not job losses, and that the plans should lead to the creation of more jobs. ...
City news: Debenhams, B&M, Accrol Group and Pets at Home image
Source : Daily Express [Read Article] Friday 27th of May 2016 07:18:00 AM
....He will also be provided with a £5,000-a-month housing allowance for the first two years, along with relocation expenses of up to £30,000. Debenhams’ chairman Sir Ian Cheshire pointed to Bucher’s “e-commerce expertise and international experience”. ...
Debenhams poaches Amazon's Sergio Bucher as new CEO image
Source : Guardian [Read Article] Thursday 26th of May 2016 10:19:31 AM
.... He was a surprise choice, while Debenhams’ trading director, Suzanne Harlow, missed out on the top job. Sir Ian Cheshire, who became Debenhams’ chairman last month after running B&Q owner Kingfisher for years, said: “Sergio’s wealth of e-commerce expertise, international experience and clear leadership qualities stood out. ...
Fixing UK's 'digital divide' can increase productivity image
Source : Daily Express [Read Article] Thursday 21st of April 2016 08:42:00 PM
....More than a third of industry experts surveyed believe current bosses lack technical skills. Debenhams chairman Sir Ian Cheshire said: “It is clear that many retail CEOs are not seen as ‘fi t for purpose’, particularly when it comes to their lack of mastery of digital and data-driven skills. ...
Debenhams to name new boss 'in weeks' after Michael Sharp confirms exit image
Source : Guardian [Read Article] Thursday 14th of April 2016 07:13:55 AM
.... Suzanne Harlow, Debenhams trading director, is a strong internal candidate who many had expected to take over, but shareholders are reportedly pushing for a fresh perspective. Sir Ian Cheshire, who was installed as Debenhams’ chairman earlier this year, thanked Sharp for his service. ...
Debenhams hires Sir Ian Cheshire as its new chairman image
Source : Telegraph [Read Article] Thursday 14th of January 2016 03:16:07 PM
. Debenhams has hired Sir Ian Cheshire, the former boss of B&Q owner Kingfisher, as its next chairman. ...
Debenhams in chairman talks with former Kingfisher boss image
Source : Telegraph [Read Article] Sunday 3rd of January 2016 03:16:21 PM
.... . Sir Ian Cheshire, who stepped down as chief executive of Kingfisher in December 2014, is understood to be in discussions with Debenhams about taking over from current chairman Nigel Northridge. ...
Sir Ian Cheshire - new Living Wage will need to be reviewed image
Source : BBC [Read Article] Thursday 1st of October 2015 04:05:12 PM
....He is one of Britain's best known retailers and the head of Whitehall's group of business advisors. Sir Ian Cheshire, the former chief executive of B&Q, Britain's largest DIY chain, called today for a review of the new National Living Wage to ensure that the costs to business are not too onerous. ...
Kingfisher to open 200 UK Screwfix outlets image
Source : Guardian [Read Article] Tuesday 15th of September 2015 03:13:26 PM
....Related: One in six B&Q stores to close as UK boss departs in major shakeup. Laury replaced Sir Ian Cheshire at the head of the company at start of the year. ...
Kingfisher closes B&Q stores as it shifts focus to tradesmen image
Source : Telegraph [Read Article] Tuesday 15th of September 2015 07:36:12 AM
.... . Ms Laury, who was promoted from the her role as head of Castorama to take over from veteran Sir Ian Cheshire last September, has now restocked her board, adding Emily Lawson as the group’s chief people officer. ...
Kingfisher sales beat analyst expectations with Screwfix outpacing B&Q image
Source : Telegraph [Read Article] Thursday 23rd of July 2015 08:51:27 AM
.... Veronique Laury, Kingfisher CEO. Veronique Laury, who was appointed successor to Sir Ian Cheshire in 2014, said: "We have delivered a solid [second quarter] sales performance to date across all our major businesses, albeit against softer comparatives than in [the first quarter]. ...
Business secretary Sajid Javid targets five sectors for £10bn red tape bonfire image
.... . His red tape pledge followed in the wake of a report by a panel of leading businessmen - including former Kingfisher chief executive Sir Ian Cheshire and Marks & Spencer chief executive Marc Bolland - which, in October 2013, said the EU should cut or amend 30 pieces of red tape in a bid to ease regulation on British businesses. ...
Ben Goldsmith launches Menhaden green investment trust image
Source : Guardian [Read Article] Friday 10th of July 2015 04:04:26 PM
.... It has already attracted investors who will invest about £80m, including Deborah Meaden of BBC’s Dragons’ Den; Tom Singh, the founder of New Look; and Louis Bacon, the hedge fund billionaire. The investment committee, comprising Goldsmith and two former bankers, Alex Vavalidis and Graham Thomas, will be overseen by a board of directors led by Sir Ian Cheshire, the former chief executive of Kingfisher. ...
B&Q lives on as Kingfisher appoints new boss for ailing DIY chain image
Source : Telegraph [Read Article] Thursday 18th of June 2015 08:39:29 AM
.... Veronique Laury's appointment to Kingfisher brought the total number of female FTSE 100 chief executives to five. It was her first major strategic decision since replacing Sir Ian Cheshire as boss of the company, and meant that one in six B&Q shops will close as the retailer battles slow sales in the DIY market. ...
Whitbread chief calls on British business to speak out on Europe image
Source : Telegraph [Read Article] Saturday 23rd of May 2015 06:46:24 PM
.... . Baker, who is also chairman of Virgin Active and DFS Furniture, made the comments as part of a speech delivered to other prominent retail names including Sir Ian Cheshire, the former boss of Kingfisher, and Charlie Mayfield, the chairman of John Lewis, at an event held by the British Retail Consortium last week. ...
.... Outgoing boss Peter Sands darted from garden to garden, while Bill Winters, his replacement installed after long-running boardroom tensions, was in hot demand on a chilly evening. I chatted to Sir Ian Cheshire and Sam Laidlaw, who respectively departed the B&Q owner Kingfisher and Centrica late last year. ...
New Business Secretary Sajid Javid to cut £10bn of red-tape to help small business thrive image
.... . This comes in the wake of a report by a panel of leading businessmen - including former Kingfisher chief executive Sir Ian Cheshire and Marks & Spencer chief executive Marc Bolland - which, in October 2013, said the EU should cut or amend 30 pieces of red tape in a bid to ease regulation on British businesses. ...
216 shops and 7,500 jobs - the cost of supermarket and DIY chaos  image
Source : Telegraph [Read Article] Saturday 4th of April 2015 06:29:52 PM
....” . Sir Ian Cheshire, who left as boss of Kingfisher in January, also warned that out-of-town stores would feel the strain. ...
High pay may not be palatable to all, but it is vital to attract top talent image
.... . In reality, however, O’Byrne vied for the top job when Sir Ian Cheshire made it known internally last year that he was entering the departure lounge, but failed to convince the board. ...
Source : Independent [Read Article] Wednesday 1st of April 2015 12:35:56 AM
....Six store closures were announced yesterday at Southampton, Dundee, Mansfield, Hyde, Barnsley and Stechford Road, Birmingham. The closures, which will cost £350m, come after years of attempts by predecessor Sir Ian Cheshire to trim down larger stores through link-ups with other retailers. ...
Brawl between Alliance Trust and Elliott Advisors needs a new script image
Source : Guardian [Read Article] Tuesday 31st of March 2015 11:56:58 PM
....PwC, no doubt, can make sense of it. Sir Ian Cheshire, we thought, had unified the various parts of the Kingfisher DIY empire created by Sir Geoff Mulcahy. ...
B&Q brand could disappear as new Kingfisher boss closes stores image
Source : Telegraph [Read Article] Tuesday 31st of March 2015 09:26:13 PM
.... . In her first major act since replacing Sir Ian Cheshire as boss of the company, Véronique Laury said on Wednesday that one in six B&Q shops will close as the retailer battles slow sales in the DIY market. ...
One in six B&Q stores to close as UK boss departs in major shakeup image
Source : Guardian [Read Article] Tuesday 31st of March 2015 07:28:43 AM
....The company will be increasing investment in stores by between £50m and £100m this year. In her first outing as chief executive since taking over from Sir Ian Cheshire, Laury said the group would be undergoing a major overhaul in order to improve efficiency and pass on cost savings that would enable it to cut prices for shoppers and improve service. ...
Source : BBC [Read Article] Tuesday 31st of March 2015 06:21:45 AM
....The store closures, which will result in a £350m one-off cost, mark Veronique Laury's first major move as chief executive. The former Castorama boss took over from Sir Ian Cheshire as chief executive last September. ...
B&Q parent Kingfisher pulls out of Mr Bricolage takeover talks a day before results image
....Executives at B&Q parent company Kingfisher have been left red faced after nine months of negotiations to buy French rival DIY chain Mr Bricolage collapsed leaving them empty handed. The collapse of the €275m (£200m) deal is a blow to the retail group’s new chief executive Veronique Laury who tomorrow presents her first set of results since taking over from Sir Ian Cheshire who retired earlier this year. ...
New Kingfisher boss to set out strategy image
Source : Daily Express [Read Article] Monday 30th of March 2015 08:58:00 AM
.... It said it was still to receive clarification from those at Mr Bricolage about the deal. Ms Laury, who took over from Sir Ian Cheshire in December, will present full-year, pre-tax profits that are expected to fall 8 per cent to £683million, due to declining sales in France. ...
Source : BBC [Read Article] Monday 30th of March 2015 08:21:36 AM
....Some Mr Bricolage franchisees are understood to fear the store closures that would be required for Kingfisher to win regulatory approval of the takeover. The failure of the deal is a blow to Veronique Laury, the former Castorama boss who took over from Sir Ian Cheshire as chief executive last September. ...
A year on from the Co-op debacle, Euan Sutherland finds a good fit at SuperGroup image
. When Euan Sutherland announced his intention to leave Kingfisher and give up his role as heir apparent to chief executive Sir Ian Cheshire in December 2012, many in the market were surprised. ...
B&Q owner Kingfisher not quite managing to do it for itself as Mr Bricolage takeover stalls image
....Kingfisher already trades in France under the Castorama brand and has been in talks to buy its rival since April 2014, but the €275m (£202m) deal could fall apart after the majority of the Mr Bricolage board and major shareholder, ANPF, said they had “reservations”. The deal is the first test for the company’s new chief executive, Veronique Laury, who formerly ran Kingfisher’s French business before replacing Sir Ian Cheshire earlier this year. ...
SNP coalition would be disaster, says Sir Ian Cheshire image
Source : Telegraph [Read Article] Saturday 14th of March 2015 07:00:41 PM
.... . Sir Ian Cheshire, who retired as Kingfisher chief executive in January, said: “I worry about the consequences of a big SNP vote reopening the question of the union, because we have just been through a Scottish referendum. ...
Ex-Asda boss Archie Norman's expected move to Tesco welcomed by the City image
Source : Independent [Read Article] Monday 16th of February 2015 01:36:48 PM
.... . Sir Ian Cheshire, the former chief executive of Kingfisher, and John Allan, deputy chairman at Dixons Carphone, had also been linked to the position, although Sir Ian has now been ruled out. ...
Tesco to cut up to 10,000 jobs image
Source : Telegraph [Read Article] Saturday 14th of February 2015 07:45:01 PM
.... . John Allan, the chairman of housebuilder Barratt Developments, is the hot favourite to replace Sir Richard after Sir Ian Cheshire, the former boss of DIY retailer Kingfisher, pulled out of the race. ...
New Tesco UK boss says he is 'gutted' to leave Halfords image
Source : Telegraph [Read Article] Wednesday 21st of January 2015 07:38:30 PM
....” . Meanwhile, Sir Ian Cheshire, the outgoing chief executive of B&Q owner Kingfisher, is on the shortlist to become the new chairman of Tesco. ...
Kingfisher forms Chinese partnership image
Source : Daily Express [Read Article] Tuesday 23rd of December 2014 12:19:00 PM
.... Kingfisher announced earlier this year that it was looking for a strategic partner to help develop its Chinese business. Chief executive Veronique Laury, who took over from Sir Ian Cheshire at the start of this month, said the company had found a strong retail partner. ...
Vince Cable: number of women leading UK boardrooms 'pitifully small'  image
Source : Telegraph [Read Article] Sunday 14th of December 2014 12:22:57 PM
.... There are currently four female chief executives leading the UK's largest listed companies: Alison Cooper at Imperial Tobacco, Liv Garfield at Severn Trent, Moya Greene at Royal Mail and Carolyn McCall at easyJet. This will increase to five once Véronique Laury takes over from Sir Ian Cheshire as the boss of Kingfisher next month. ...
Tesco is still not at rock bottom image
Source : Telegraph [Read Article] Tuesday 9th of December 2014 12:05:15 PM
.... . There have been a string of warnings recently from Mark Price, the boss of Waitrose, Sir Ian Cheshire, the outgoing boss of Kingfisher, and analysts at Goldman Sachs that supermarket retailers need to close stores and that this will be a painful process. ...
....2015 needs to be the year we finally start to see the bigger picture and act decisively to strengthen the links between our economy, our society and our environ-ment. Sir Ian Cheshire is the outgoing group chief executive of Kingfisher plc. ...
Supermarkets face years more pain, warns B&Q boss image
Source : Telegraph [Read Article] Saturday 6th of December 2014 08:45:06 PM
. Sir Ian Cheshire, the outgoing boss of Kingfisher, one of Britain’s largest retailers, has warned that it could take years for the leading supermarket chains to turn around their performance. ...
Autumn Statement: High Street bosses welcome business rate reform image
Source : Independent [Read Article] Wednesday 3rd of December 2014 12:00:00 AM
. High Street grandees Sir Ian Cheshire and Justin King have welcomed the chancellor’s plans for a root and branch reform of business rates. ...
MORNING MEETING: German business for AO World image
Source : Daily Express [Read Article] Wednesday 26th of November 2014 12:00:00 AM
.... In contrast governor Mark Carney took a more gloomy view, pointing to the deteriorating conditions in the eurozone and Japan. Outgoing Kingfisher chief executive Sir Ian Cheshire hands over to his successor, Frenchwoman Veronique Laury, on December 8. ...
DIY giant Kingfisher's shares fall image
Source : Daily Express [Read Article] Wednesday 26th of November 2014 12:00:00 AM
....3 per cent lower at £120million. Chief executive Sir Ian Cheshire said: “In this quarter, you saw a degree of the reality of some of the tax increases for the French consumer. ...
French woes mar Sir Ian Cheshire’s leaving party image
Source : Guardian [Read Article] Tuesday 25th of November 2014 06:03:05 PM
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B&Q owner warns of slowdown in France image
Source : Telegraph [Read Article] Tuesday 25th of November 2014 07:44:39 AM
.... . Sir Ian Cheshire, chief executive of Kingfisher, said trading in France was "particularly difficult" as the company reported a 4pc fall in like-for-like sales in the country and a 9. ...
B&Q owner profits slump as French sales fall image
Source : BBC [Read Article] Tuesday 25th of November 2014 07:44:16 AM
....It said it remained cautious on the outlook, particularly in France. "Trading conditions in our largest and most significant market, France, were particularly difficult" said Kingfisher boss Sir Ian Cheshire, who steps down in December. ...
Tesco boss surveys a world of trouble from Dublin to Bangkok image
Source : Guardian [Read Article] Saturday 25th of October 2014 11:05:25 PM
.... A former McKinsey management consultant, He was brought into Coles to help rejuvenate it, and may not be interested in another big turnaround job – he’s already been there. Sir Ian Cheshire, outgoing boss of B&Q Kingfisher, is another retailer with a track record of taking on troubled firms. ...
EU agrees with UK to cut six regulations, but brings in 1,000 image
Source : Telegraph [Read Article] Friday 24th of October 2014 04:00:04 AM
.... . The taskforce - which included Marks & Spencer chief executive Marc Bolland, Kingfisher CEO Sir Ian Cheshire and former Diageo boss Paul Walsh - concluded that barriers to competitiveness, starting a company, expansion, trade and innovation be removed so British companies could thrive. ...
Tesco shares crash as new chief keeps his strategy under wraps image
Source : Independent [Read Article] Friday 24th of October 2014 12:08:54 AM
.... The 60-year-old was credited with turning Asda into the second biggest supermarket in the UK and would answer shareholders’ pleas for more retail experience on the board. Another former Asda boss, Allan Leighton, is priced at 5-1, while other retailers in the frame include retiring Kingfisher boss Sir Ian Cheshire, former Tesco lifer and current British Land chairman John Gildersleeve, and Sports Direct founder Mike Ashley. ...
Tesco is either a shambles or a scandal: time to send in Sir Ian Cheshire? image
Source : Guardian [Read Article] Wednesday 24th of September 2014 04:43:38 PM
.... It would seem impossible, after this week’s events, that the chairman could also be a retailing amateur. Who could fill the role? There is an obvious candidate and, happily, he may soon be looking for a job – Sir Ian Cheshire. ...
Investors pull £17bn from UK as banks ratchet up Scottish independence pressure image
.... . In an article for Scottish newspaper the Daily Record, Sir Ian Cheshire, of B&Q-owner Kingfisher, Marc Bolland, chief executive of Marks & Spencer, and James Timpson, of cobbler and key-cutter Timpson, set out the impact a Yes vote would have on consumers north of the border. ...
Retailers under pressure to back no vote in Scottish referendum image
Source : Guardian [Read Article] Thursday 11th of September 2014 09:09:58 PM
....The UK's biggest retailers are being asked to intervene in the Scottish referendum debate, spelling out how a yes vote next week could force up the costs of doing business in an independent Scotland and result in higher prices in the shops. With the explicit support of No 10, the initiative – which will come in the form of a letter to be released at the weekend – was being led by Sir Ian Cheshire, the chief executive of Kingfisher, the business behind B&Q, the DIY chain. ...
John Lewis warns of price rises if Scotland backs independence image
Source : Guardian [Read Article] Thursday 11th of September 2014 07:57:30 AM
....Mayfield is the latest business figure to step into what he said was a "very, very fractious" debate on Scottish independence. Sir Ian Cheshire, the boss of B&Q owner Kingfisher, warned on Wednesday that prices would rise and that business investment would stall after a yes vote and called on other company chiefs to speak out. ...
After Véronique Laury, just what is the City’s problem with women? image
Source : Independent [Read Article] Wednesday 10th of September 2014 11:08:34 PM
. Kingfisher, the owner of the DIY chain B&Q, yesterday revealed that Véronique Laury, the head of its Castorama business in France, will take over as chief executive from Sir Ian Cheshire in January, in the process becoming only the seventh blue-chip British company to have ever had a woman at its helm. ...
Kingfisher boss bows out at 55 after delivering impressive turnaround image
Source : Guardian [Read Article] Wednesday 10th of September 2014 04:55:26 PM
. Sir Ian Cheshire is bowing out of Kingfisher at the age of 55, which may seem a little young. ...
The City roundup: Veronique Laury to head up Kingfisher, Alibaba expected to float at £101bn image
....Get the latest business news with The Independent's daily roundup of the biggest news from the City. The FTSE 100 is to get only its fifth female boss after B&Q owner Kingfisher replaced chief executive Sir Ian Cheshire with the head of its struggling French DIY business. ...
Véronique Laury to become fifth FTSE 100 female boss as head of B&Q owner Kingfisher image
. The FTSE 100 is to get its fifth female boss after B&Q owner Kingfisher today replaced chief executive Sir Ian Cheshire with the head of its struggling French DIY business. ...
Scottish independence: which businesses are in the yes or no camp? image
Source : Guardian [Read Article] Wednesday 10th of September 2014 10:48:49 AM
. Sir Ian Cheshire, outgoing chief executive of the B&Q owner, Kingfisher, has become the latest business leader to warn about the impact on investment and consumers if Scotland votes for independence, issuing a rallying call to other executives to speak out. ...
Kingfisher names French DIY boss Véronique Laury as new chief executive image
Source : Guardian [Read Article] Wednesday 10th of September 2014 07:18:58 AM
. Kingfisher, the owner of B&Q, is to replace Sir Ian Cheshire, its long-standing chief executive, with Véronique Laury, the head of its French DIY business. ...
French woman to succeed Sir Ian Cheshire as Kingfisher boss image
Source : Telegraph [Read Article] Wednesday 10th of September 2014 06:22:35 AM
. Kingfisher boss Sir Ian Cheshire is to step down after seven years at the helm of the company. ...
Next set to extend lead over rivals image
Source : Daily Express [Read Article] Monday 8th of September 2014 12:00:00 AM
....It is expected to post adjusted profits before tax down 5 per cent at £348million compared to a year ago due to softer sales in France and Poland. Led by chief executive Sir Ian Cheshire (below), it said UK revenues at B&Q were down by 3. ...
UK firms hurt by Russian embargo on food imports image
Source : BBC [Read Article] Sunday 10th of August 2014 12:43:15 PM
....Larger firms, such as B&Q owner Kingfisher, have also warned they could be affected. Kingfisher chief executive Sir Ian Cheshire told BBC Radio 5 live it was "sensitive" towards any potential disruption. ...
Kingfisher: Energy cost 'biggest household fear' in Europe image
Source : BBC [Read Article] Sunday 3rd of August 2014 11:08:22 PM
.... . "There is a staggering increase in the number of people who intend to prioritise energy efficiency," said Kingfisher boss Sir Ian Cheshire. ...
Kingfisher suffers as DIY-ers take it easy image
Source : Daily Express [Read Article] Friday 25th of July 2014 12:01:00 AM
.... . Chief executive Sir Ian Cheshire was left scratching his head as to whether this was a short-term blip due to World Cup viewing or a further squeeze on European consumers. ...
Fall in B&Q sales puts pressure on Kingfisher image
Source : Telegraph [Read Article] Thursday 24th of July 2014 05:05:14 PM
.... . However, Sir Ian Cheshire, chief executive, warned Kingfisher’s markets had been “slower than anticipated”, particularly in France and Poland. ...
Kingfisher shares slump on B&Q weak trading despite warn summer image
Source : Independent [Read Article] Thursday 24th of July 2014 11:16:13 AM
....6p, their lowest in over a year. Kingfisher boss Sir Ian Cheshire claimed the fall was mainly due to good weather in the first quarter of the year, meaning many shoppers bought a new set of outdoor seats earlier than previously. ...
Richard Baker to take over as chairman of Whitbread image
Source : Guardian [Read Article] Tuesday 15th of July 2014 06:05:20 PM
.... By 2018 its chief executive Andy Harrison plans to have increased the size of the Premier Inn chain by 45% to around 75,000 UK rooms and to have roughly doubled sales at Costa to £2bn. Sir Ian Cheshire, Whitbread's senior independent director who oversaw the appointment, said it had conducted a "thorough search" with the help of executive search consultants. ...
Sir Ian Cheshire warns over Scottish independence image
Source : Telegraph [Read Article] Friday 30th of May 2014 05:32:10 PM
. Sir Ian Cheshire has become the latest high-profile businessman to warn about the impact of Scottish independence by claiming B&Q, which is part of the company he runs, would put investment on hold in the event of a “yes” vote. ...
Scottish independence: B&Q boss warns over split in event of yes vote image
....The chief executive of B&Q owner Kingfisher has warned that the DIY group will put investment in Scotland on hold if the country splits from the UK and told Scots that from a business point of view they should vote against independence. Sir Ian Cheshire, pictured below, said a yes vote in September's referendum would create too many uncertainties for the international retailer to press ahead with investment. ...
B&Q boss tells Bank of England not to kill off demand for housing image
Source : Daily Express [Read Article] Friday 30th of May 2014 12:01:00 AM
. Sir Ian Cheshire, group chief executive of B&Q owner Kingfisher, said any attempts by the Bank or Government to cool the housing market should not “throttle off demand”. ...
Source : Independent [Read Article] Thursday 29th of May 2014 09:02:42 PM
.... . Its chief executive, Sir Ian Cheshire, said: “A huge number of fences were ripped up by the storms and broken. ...

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