First man to head the high-street fashion chain in 18 years will take over from Mary Homer in SeptemberTopshop is getting its first male boss in 18 years with the appointment of Burberry executive Paul Price. Price will join the high street fashion chain on 4 September, taking over from Mary Homer, who is leaving to head the White Company after more than a decade at the helm. Industry insiders said the choice of Price as chief executive might have been driven by Los Angeles-based fund manager Leonard Green, which owns a 25% stake in Topshop. Topshop has suffered, along with many other high-street fashion brands, from the rise of online specialists such as Asos, Boohoo, Missguided and PrettyLittleThing. “On the plus side, in a crowded and difficult market for high-street fashion brands, bringing in someone with a different fashion background might prove to be imaginative and effective.

Source: The Guardian July 19, 2017 17:37 UTC