Debenhams chair, Terry Duddy, is currently in discussions about potentially taking on the role of chair at Moss Bros, as the menswear retailer seeks a replacement for the departing Debbie Hewitt. If Duddy accepts the position, he will be faced with a series of unique challenges at Moss Bros.
Known for his successful tenure as CEO of Home Retail Group, which owned well-known brands like Argos and Homebase, Duddy is no stranger to the retail industry. His recent stint as interim chairman at Debenhams, following Sir Ian Cheshire’s resignation amidst pressure from Mike Ashley, further demonstrates his experience and leadership capabilities.
With Duddy stepping down from his position at Hammerson to focus on his duties at Debenhams, his potential move to Moss Bros signifies a potential new direction in his career. However, there has been no official confirmation regarding his appointment as chair of the menswear company.
Moss Bros itself has been navigating a series of challenges, including a decline in its suit hire business and struggles to boost sales growth. Despite resolving previous stock issues, the retailer has had to resort to higher levels of discounting to drive sales.
As the search for a new chair continues at Moss Bros, Duddy emerges as a strong candidate for the role. While it remains uncertain whether he will accept the position, his potential appointment would offer a mix of obstacles and growth opportunities for the company moving forward.
For more information on Moss Bros, visit their official website here. To learn more about Terry Duddy’s background and experience, check out his profile on LinkedIn here.
