Koovs names new CEO, says quarterly trading is encouraging

21st Jul 2015 09:37

(ShareCast News) - Mary Turner has been appointed as Koovs' new chief executive, the India-focused retailer confirmed in a statement on Tuesday.Turner, the former CEO of AlertMe.com, has been a non-executive director of the group since July 2014, will step into her new role on 1 October, the London-listed group said.Koovs added that Robert Bready, currently creative and retail director, has been promoted to chief creative officer."I am delighted to welcome Mary to the executive team," said group chairman Lord Waheed Alli."Having worked closely with her at Asos I have first-hand knowledge of her experience and relentless energy which will help to drive Koovs through the significant period of growth ahead."I am also delighted that Robert has taken on the broader role of chief creative officer where a key focus will be on driving the growth of our own brand."Meanwhile, the AIM-listed company said the group had been encouraged by trading in the first three months of its new financial year, with gross value order surging 203% year-on-year.The figures "continued to demonstrate the success of our offer and the huge potential for the business going forward," Alli said.Koovs shares were down 1.29% to 68.11p at 0909 BST.