FORMER BURBERRY finance director Stacey Cartwright is to become chief executive of luxury fashion chain Harvey Nichols, replacing Joseph Wan who is retiring after 21 years in the job.
Cartwright, who stepped down as Burberry's chief financial officer after nine years last February, is credited with helping transforming Burberry into a world leading luxury brand, increasing turnover from £676m when she joined in 2004 to over £2bn in 2013.
She was also responsible for overseeing Burberry's successful entry into new markets including China and the Middle East.
Cartwright joined Burberry from Prudential's then-internet bank Egg. A big part of her earlier role at Burberry was to help consolidate the business systems following its growth and IPO.
"I am delighted to be joining Harvey Nichols at such an exciting time in the luxury retail market; a market which demonstrates significant potential and for which I have enormous passion. I am excited by the opportunity to further develop this world class brand both in the UK and internationally," said Cartwright.
Cartwright joins Harvey Nichols on February 17.
You may also like
If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.
In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.