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Business News

From Burberry to Harvey Nichols for Stacey Cartwright?


Upmarket London department store Harvey Nichols is close to appointing a new chief executive, and former Burberry finance chief Stacey Cartwright has emerged as a candidate for the post.

Industry sources say Ms Cartwright is in the running to take over from Joseph Wan with the selection process in its final round. Mr Wan has been seeking a replacement ahead of his planned retirement next year. Harvey Nichols is owned by Hong Kong billionaire Dickson Poon.

If Ms Cartwright, who left Burberry in July, gets the job, she will be working with fashion director Paula Reed, the former Grazia style director who has been hired to revitalise the business.

The running of Harvey Nichols is one of two big roles up for grabs in the world of UK department stores. Harrods chief merchant, Marigay McKee, resigned last month to become president of Saks Fifth Avenue in New York.