What: Gerard Daniels will become Peek & Cloppenburg Düsseldorf's new Managing Director Finance on 1 November 2026, succeeding Marc Busscher, who leaves the company at the end of October.

Why it is important: The change lands as P&C's parent company is actively restructuring group leadership functions, with the new buying and merchandising organisation announced only weeks earlier, suggesting a wider management renewal underway.

Peek & Cloppenburg Düsseldorf will appoint Gerard Daniels as its new Managing Director Finance effective 1 November 2026, succeeding Marc Busscher, who leaves the company at the end of October after roughly a year in the CFO role.

Daniels joins from C&A, where he most recently led Finance & Property across Northwest Europe, a remit spanning several national markets and requiring oversight of a complex, cross-border financial organisation. Before that, he was Director and a member of the executive board at Ecco Shoes ME, where his responsibilities extended well beyond finance to cover customer service, logistics and HR. That combination of commercial financial steering and direct operational responsibility gives him a broad experience profile as he steps into the new role.

Peek & Cloppenburg Düsseldorf operates as an omnichannel provider with more than 170 stores across 17 countries and around 17,000 employees, making it one of Europe's largest multi-brand fashion retailers. Its group also includes the menswear retailer Ansons and the Danish department store Magasin du Nord.

IADS Notes: Daniels's appointment fits within a broader wave of leadership renewal already under way at Peek & Cloppenburg, whose parent company merged its Düsseldorf and Vienna buying and merchandising organisations under a newly appointed Managing Director just weeks earlier (Fashion Network, August 2026). It also marks the third CFO change at the Düsseldorf entity within roughly two and a half years, following the appointment of Dr. Tim Mundhenke after Steffen Schüller's departure in early 2024 (Fashion Network, March 2024). The pattern of bringing in finance leaders with broad, cross-functional backgrounds echoes similar moves elsewhere among department stores: Liberty London recruited Alex Pregnolato, formerly of De Beers, Prada, MCM and Versace, as CFO to drive financial and operational transformation (Fashion United, January 2026), while Galeries Lafayette created a new Director of Finance, Strategy and Transformation role for Elsa Haddad, reporting directly to its CEO as part of a wider executive renewal (Fashion Network, November 2025).

Peek & Cloppenburg Düsseldorf renews its finance leadership