LONDON — Stacey Cartwright has resigned as deputy chairman of Harvey Nichols and plans to leave the company on April 30.
Her exit follows a previously announced transition to a new management structure that saw Daniela Rinaldi and Manju Malhotra take on the roles of co-chief operating officers.
“As such, this is a timely moment for Stacey to step down from the board, enabling her to focus on developing a portfolio of non-executive interests,” the retailer said Friday.
Cartwright said it was a privilege to have led “the first stage of the brand rejuvenation over the past four years. The physical refurbishment of the Knightsbridge flagship store is well advanced, while the digital development of the brand has also achieved significant progress.”
Cartwright, a Burberry veteran, had formerly served as ceo. Last September, Harvey Nichols announced it was reorganizing its management, and it was then that Cartwright took on the role of deputy chairman.
Rinaldi and Molhatra took up their new roles in January, reporting to Cartwright and to the store’s chairman and owner Dickson Poon.
Cartwright had spearheaded the refurbishment project at the Knightsbridge store that saw the opening of a 28,000 square feet men’s wear space, new beauty and accessories spaces, a shift to a unique customer rewards app, digital styling services and most recently a major collaboration with Farfetch, which was announced earlier this month.
As reported, Harvey Nichols and Farfetch have inked a global, multiyear e-commerce partnership will allow customers worldwide to shop the store, and will accelerate Harvey Nichols’ digital strategy. The retailer will tap into Farfetch’s e-commerce and logistics platform and introduce services such as in-store return and same-day delivery.
At Burberry, Cartwright had been an architect of the company’s success during her nine-year tenure. By the time she left, the firm was turning over more than two billion pounds in revenue.
The day her departure was announced, Burberry’s share price closed down 6.5 percent. A chartered accountant who has held top jobs at Egg Plc and Granada Group, Cartwright replaced Joseph Wan at the helm of Harvey Nichols in 2014.