Why are all the Senior Retail Executives leaving?

Endaba Group

2017 has seen a slew of global executive departures in retail and its not slowing down just yet! News hit today of Paul’s Boutique’s MD and Lidl’s CEO’s resignations. The White Company, Tiffany and Ralph Lauren have too lost their CEOs this year, whilst Givenchy, Chloe and Bally their Creative Directors. The British Vogue Editor, the COO of Bobbi Brown, the Chairman of Agent Provocateur have departed. Richemont is replacing 4 of its brand heads and VF Corp, New Look and LK Bennett have seen departures.

Is it a new year mentality – out with the old and in with the new? Is it telling of the times and retailers are trying to step up their game? We’re sure this has left many scratching their heads. We’ll just have to wait and see what happens…