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White Stuff CEO exits after TFG takeover

Drapers - White Stuff CEO exits after TFG takeover


White Stuff introduced Jenkins, who has been chief government since April 2018, is stepping down “to pursue new alternatives”.

The transfer got here after the life-style retailer was acquired by TFG London in October 2024, becoming a member of its model portfolio of Hobbs, Whistles and Part Eight.

White Stuff stated it’s going to guarantee a clean transition, with the present senior management crew accountable for the enterprise within the interim.

Jenkins has been credited with steering the corporate via “a interval of great progress and transformation” and “positioning it as a number one multichannel life-style model”. Within the 12 months to 27 April 2024, White Stuff reported a 2.4% rise in whole gross sales to £155m and a 23% enhance in EBITDA elevated to £8.6m.

Based in 1985, White Stuff has 114 shops and 46 concessions within the UK, together with in John Lewis and Marks & Spencer, with plans for additional bodily retail enlargement underneath TFG London.

Jenkins stated: “With the acquisition by TFG London full and this distinctive model poised for its subsequent part of progress, now’s the suitable time for me to step apart.

“I’m assured that White Stuff will proceed to thrive, supported by implausible and motivated groups, and underneath TFG London’s skilled stewardship.”

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