British Handbag Label Radley Gets a New Chief Executive

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There’s a new top dog at British accessories house, Radley. Sven Gaede, formerly of Net-A-Porter, will be at the brand’s chief executive from May 4. He takes over from retiring chief executive Roger Best.

He’s already got a fan in the company’s chairman, Paul Mason.

I am confident that he has the right skills and relevant experience to build on the success of the Radley brand both in the UK and internationally,” Mr. Mason said in a statement.

Mr. Gaede is also optimistic about his new role.

There is a strong management team already in place and we have an exciting opportunity to develop Radley into a truly international brand,” he said.

Bucking the current economic trend, Radley has increased its sales by a record 10% in the last year. The handbag favorite has nine stores in the United Kingdom. It’s also stocked by other British retailers including John Lewis and Debenhams.

[Source: Drapers]

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