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Miller joined The White Company in 2015, after sitting in various finance positions across John Lewis, Debenhams and House of Fraser. Incoming CFOMartin joins from Charles Tyrwhitt, where he has spent the last eight years as its finance boss. Alan Martin from our fellow Bectin Group business Charles Tyrwhitt will be joining us as CFO.”
The funding structure works by leveraging finance which, more often than not, results in firms borrowing money against the retailer’s balance sheet – in turn generating debt – to use for investment. This begs the question of whether the financing structure still lends itself well to the retail sector?
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