Veteran retailer Leighton joins Matalan as chairman
Allan Leighton, the former chief executive of Asda and ex-chairman of Royal Mail, has been appointed chairman of the cheap clothes retailer Matalan.
Mr Leighton, who led the board of Matalan's rival Peacocks before it collapsed into administration, will succeed John Mills in the role. Mr Mills was installed in the role after being a long-term adviser to Matalan's founder, John Hargreaves. He will now become deputy chairman.
Mr Mills said: "Allan … brings a wealth of retail experience, particularly in the value sector, which will support Matalan's ongoing development."
Mr Leighton is also chairman at the shoe chain Office and Pandora, the Danish jewellery company which had a troubled stock market flotation.
Last month, he also accepted the chairman's role at Charlie Bigham's, a ready meals business that sells into retailers including Ocado, Sainsbury's and Waitrose.
Mr Leighton said: "Matalan is a great company with a strong brand and management team. I look forward to working with the team to build on its fantastic reputation as a family retailer."
The fashion chain posted a 4.1 per cent jump in quarterly sales, at £269.2m.
Matalan's chief executive, Darren Blackhurst, added: "We continue to deliver outstanding value for our customers and have navigated our way through a challenging quarter, achieving robust results in a tough, competitive market."
Matalan plans to recruit some 5,000 staff to cover this year's Christmas shopping season.
The chain opened its first store in Preston in 1985, and now trades from 5 million square feet in more than 190 stores.
- 1 Jeremy Clarkson 'sees no problem' with his racist language on Top Gear, says BBC
- 2 'Alien thigh bone' on Mars: Excitement from alien hunters at 'evidence' of extraterrestrial life
- 4 London restaurant 34 creates champagne glass modelled on Kate Moss’ left breast
- 5 ALS ice bucket challenge co-founder Corey Griffin drowns, aged 27
Richard Dawkins on babies with Down Syndrome: 'Abort it and try again – it would be immoral to bring it into the world'
Scottish independence: English people overwhelmingly want Scotland to stay in the UK
Isis threat: Cameron wants an alliance with Iran
Michael Brown shooting: Chaos erupts on the streets of Ferguson after autopsy shows teenager was shot six times – twice in the head
Bin bag full of cats' heads discovered near Manchester's Curry Mile
Disgusting, frustrating, but intriguing: how the country really feels about its politicians
iJobs Money & Business
£30000 - £40000 per annum + benefits+bonus+package: Harrington Starr: C#.NET ...
£20000 - £30000 per annum + benefits+bonus+package: Harrington Starr: Junior D...
£550 - £650 per day: Orgtel: Business Analyst - Traded Credit Risk - Investmen...
£55000 per annum: Harrington Starr: A financial software vendor at the forefro...