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Woolworths banks on ex Marks & Spencer exec to rescue David Jones investment

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Scott Fyfe has been CEO of Country Road Group for four years, having joined Woolworths after 20 years at UK retailer Marks & Spencer

Woolworths has appointed Scott Fyfe, the current CEO of its Country Road Group and a former executive at UK-based Marks & Spencer, to replace Ian Moir as head of its troubled David Jones Australia.

Fyfe will start on October 26 at the ailing clothing retailer, which lost A$33m in the latest financial year-end and has had five CEOs in six years.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

 

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