Space NK’s New CEO Andy Lightfoot Talks Growth, Digital, Sustainability

LONDON — No longer for sale, beauty retailer Space NK is looking to grow internationally, with plans to open more units across the U.K. and in the U.S. and China under new chief executive officer Andy Lightfoot. Lightfoot, who was promoted in April after serving as the retailer’s global digital director, laid out a bullish expansion plan for the next three years. It includes investment in e-commerce, enhancing the retail experience and becoming even more sustainable, with the aim of doubling the sales of the business. According to Companies House, the official register of U.K. businesses, revenues were up 6.7 percent to 102.9 million pounds in the year to March 31, 2018, while profits spiked nearly 50 percent to 4.9 million pounds. Although he’s in the top job, Lightfoot said he’s still very closely involved with the retailer’s digital teams and sees digital and physical as one in the same. “Over the past month, we’ve changed the entire structure of our company, we have completely abolished this notion of digital e-commerce and stores and having separate teams for them. Now, we only have a single customer, commercial, marketing and operations team,” he said in an exclusive interview. The structural changes have worked: Lightfoot said Space NK

Follow WWD on Twitter or become a fan on Facebook.

Read More...

from WWDWWD http://bit.ly/2X4iTaM