Mothercare to hire Asda executive to run UK business
Thursday 14 April 2011
The maternity wear retailer Mothercare is set to hire a former Asda executive to run its UK business, a move designed to help management dedicate more attention to both its domestic and burgeoning international business.
Mike Logue - who joined Asda in 2007 as head of its Asda Living non-food format and then moved on to roles including the grocer’s commercial director for home and leisure - is on the verge of joining as UK director for Mothercare and Early Learning Centre, which the group acquired in 2007. It is unclear if he will get a seat on Mothercare’s main board.
The hiring of Mr Logue, who was also previously the managing director of the computer game specialist Gamestation (now part of Game Group), is likely to free up Mothercare’s chief executive Ben Gordon to focus more on the retailer’s group and international strategy. Mothercare’s UK sales have been dented by increasing competition from the supermarkets, such as Asda and Tesco, in recent years and Mr Logue's expertise should help the retailer.
Other chains with fast-growing international operations have moved recently to strengthen their UK team. The grocery giant Tesco established a UK board earlier this year to allow Philip Clarke, the supermarket’s new chief executive, to spend more time developing its global strategy. It is thought that Mr Logue left Asda a few weeks ago.
Sales growth at Mothercare’s overseas business have recently outstripped those in the UK, which is suffering a sharp slowdown in consumer spending. Mothercare – which opened 166 new stores overseas in 2010-11 – said it plans to open a further 150 this financial year, as its UK underlying sales fell by 2.4 per cent for the 12 weeks to 26 March. Two weeks ago, Ben Gordon, the chief executive of Mothercare, said: "The UK is an unsure and slightly nervous environment but international is booming."
An Asda spokeswoman said: "We can confirm that Mike Logue has left Asda to take on the role of UK director of Mothercare and ELC. Mike joined Asda in 2007 as MD of Asda Living and under his leadership we have successfully moved on our home and leisure offer. Mike has made a great contribution to Asda over the past three and a half years, and we wish him all the best for the future."
Mothercare declined to comment.
- 2 Italian police 'reveal' what Jesus looked like as a young boy
- 3 General Election 2015: 14-year-old boy asks Nick Clegg – 'can you kill Katie Hopkins?'
- 4 University student in court for allegedly covering housemates' food in window cleaner and spit
- 5 Ryan Gosling posts tribute to 'Ryan Gosling Won't Eat His Cereal' creator Ryan McHenry
Italian police 'reveal' what Jesus looked like as a young boy
Who should I vote for? The Independent quiz matches best political party for undecided voters ahead of the general election
Mysterious 'X-Files' sounds heard miles above the Earth
Garland shooting: Isis claims attack on Prophet Mohamed cartoon contest in Texas as its first action on US soil
Met Gala 2015: Beyoncé manages to out-skimp Rihanna, Miley and Kim Kardashian combined with near-naked ensemble
In defence of liberal democracy
Over 50,000 families shipped out of London boroughs in the past three years due to welfare cuts and soaring rents
EU asylum policy is 'a direct threat to our civilisation', says Nigel Farage
The Rothschild Libel: Why has it taken 200 years for an anti-Semitic slur that emerged from the Battle of Waterloo to be dismissed?
General Election 2015: UK will be 'run for the wealthy and powerful' if Tories retain power, Labour warns
General election live: SNP suspends two members for disrupting Labour rally
iJobs Money & Business
£20000 - £25000 per annum + Uncapped commission: SThree: Can you speak German,...
£25000 - £30000 per annum + benefits: Ashdown Group: An exciting opportunity f...
£215 per day: Ashdown Group: Junior Project Manager (website, web application ...
£40-50K: Guru Careers: We are seeking an experienced Software Engineer / Softw...