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Anglim to leave Laura Ashely

LAsofaSean Anglim, Laura Ashley joint chief operating officer and financial director is to leave the retailer after almost a quarter of a century with the chain.

Anglim will leave at the end of the year. 

Sagar Mavani, financial controller, has been promoted to the role of chief financial officer to replace him.

Anglim joined the chain in 1996, becoming chief financial officer in 2009, and then joint chief operating officer in 2011.

The company make a loss of almost £10m earlier this year, driven by poor performance in its home furnishings business and an online sales decline.

‘The board would like to take this opportunity to thank Mr Anglim for his contribution during his tenure with the company and to wish him the very best for the future,’ Laura Ashley said in a statement.