Boohoo appoints new group chief executive
Boohoo has appointed Dan Finley as as its new group chief executive.
A former JD Sports executive, he previously headed up Boohoo Group’s Debenhams online department store.
Finley joined Debenhams in January 2022 following the acquisition of the brand out of administration for £55 million. Operating a marketplace model, the business now has a GMV annual run rate of around £800 million and a community of 10,000 brands across fashion, home and beauty.
Boohoo said Finley has deep expertise in driving the growth of online businesses after also working for ten years as group multichannel director at JD Sports. Earlier in his career, he served as group business development director at the Peacock Group, which included retailers Peacocks and Bonmarche.
Alistair McGeorge, Boohoo group deputy chairman, said: ” Dan is one of the outstanding leaders in a new generation of digital retailers.
“Dan and his team have successfully transformed Debenhams from a failed department store, creating a new business model that is a capital-light, stock-light, high-growth marketplace.
“The board looks forward to working with him, as we continue the review of options to unlock and maximise shareholder value.”
Finley has succeeded John Lyttle who will remain available to ensure continuity through the change of leadership and a smooth transition.
