Debenhams Group reshuffles board

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Sep 2025
 |  
Drapers 
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What: Debenhams Group appoints Tom Handley as independent non-executive director, while Alistair McGeorge steps down amid ongoing board reshuffles and strategic transformation.
Why it is important: This governance change highlights the critical role of board expertise and stability as Debenhams Group navigates financial challenges and a major business model transformation.

Debenhams Group, formerly Boohoo Group, has announced the appointment of Tom Handley as independent non-executive director following the immediate departure of Alistair McGeorge from the board. Handley, a director at Provenio Law and former CEO of Exchange Chambers, will join the Audit and Risk, Remuneration, and Nomination Committees. John Goold will assume the role of senior independent director. The reshuffle comes at a pivotal moment for the group, which owns Debenhams, Boohoo, and Karen Millen, as it works to restore profitability after reporting a widened operating loss of £241.4 million and a 12% revenue decline for the year ended February 2025. The group is also in the process of selling PrettyLittleThing and repositioning its portfolio around a digital-first, marketplace-led model. The board changes underscore the importance of governance expertise and stability as Debenhams Group navigates financial headwinds and ongoing transformation.
IADS Notes: Debenhams Group’s latest board reshuffle and ongoing transformation reflect the complex challenges and strategic shifts facing the UK retail sector. As reported by Drapers in March 2025, the rebranding from Boohoo Group to Debenhams Group marked a pivotal move toward a marketplace-led model and brought new leadership to the board . Fashion Network in August 2025 highlighted the group’s widening operating loss and 12% revenue decline, while also noting the strong performance of the Debenhams marketplace and the strategic review of PrettyLittleThing . Drapers in July 2025 reported on supplier payment delays, underscoring the operational risks that can accompany rapid restructuring and digital transformation . Retail Week in July 2025 and Fashion Network in June 2025 described Debenhams Group’s continued investment in digital innovation, including AI partnerships and the expansion of beauty showrooms, as part of a broader industry trend toward operational efficiency and customer engagement . These developments mirror wider trends in UK retail, where governance, portfolio optimisation, and financial turnaround are top priorities for multi-brand groups navigating a challenging market environment.


Debenhams Group reshuffles board