The finance chief of Debenhams has quit after just one year with the struggling department store to join fashion brand Ted Baker.
Rachel Osborne joins Ted Baker as new chief financial officer in the "next few months", replacing Charles Anderson, who took up the same role at Mulberry in August after 17 years with the retailer.
Prior to joining Debenhams, Ms Osborne worked as finance chief at Domino's Pizza but left there after less than two years, the third to fill that role in as many years.
She said: "Ted Baker is an outstanding global brand and I am hugely looking forward to the opportunity to contribute to the next phase of its development."
READ MORE: Scotland set to gain in Sainsbury’s shake-up
Ted Baker executive chairman, David Bernstein, said: "As our strategy to grow the business continues, Rachel's experience of working in the challenging retail environment we currently face will be highly valuable.
"We look forward to leveraging her significant brand and retail experience and expertise moving forward."
Ms Osborne, a qualified chartered accountant, has previously worked in finance roles at Vodafone and John Lewis.
All Bar One and Harvester owner Mitchells & Butlers (M&B) has seen a bounce-back in drinks sales, helped by Britain's recent Indian summer.
The group, which also owns the Toby Carvery chain, said like-for-like sales rose 3.3% in the eight weeks to September 21.
READ MORE: One in three Scottish businesses ‘scaling back investment as Brexit looms'
This was driven by a 4% hike in drink sales while food sales growth slowed to 2.1%.
The recent performance has left overall like-for-like sales 3.6% higher in the 51 weeks so far of its financial year to the end of September.
The drink performance marks a rebound from a tougher early summer, when drink sales fell 0.3% in the 10 weeks to July 27, reflecting the combination of the World Cup and hot summer in the previous year when punters spent more on drinks.
Online mattress retailer Eve Sleep has posted sliding revenues, a week after the business revealed plans to merge with a rival had collapsed.
Eve said falling sales resulted in group revenue sliding 8% to £12.9 million in the six months to June 30.
READ MORE: Skyliner flats get go-ahead for Leith dock
The direct-to-consumer retailer saw its shares dip further on Thursday as it reiterated it expects full-year revenues to fall short of previous forecasts.
Eve said it expects to deliver between £25 million and £27 million in revenues in 2019 after it was impacted by "worsening macro-economic conditions and near permanent heavy discounting by competitors".
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereComments are closed on this article