News

New direction for Country Road?

Country_RoadCountry Road has appointed a new leader in the form of Howard Goldberg, the head of high profile youth retailer General Pants. Goldberg, who will take up his new position next March has been welcomed by the company as having “exceptional retail experience and a sound understanding of the Australian marketplace.”

Prior to his current role at General Pants, he was CEO at Canterbury and has held senior positions at Pacific Brands and Best & Less.

He joins a company still reeling from the recent hasty departure of its former head John Chestion, who quit his role in mid-September after just over two months in the job, due to “irreconcilable differences”.

Cheston is reportedly seeking $6.5 million in compensation after alleging in a Federal Court claim that the fashion and lifestyle retailer misrepresented its financial position and failed to conduct its business in accordance with corporate law.

Coverage in Fairfax’ Business Day confirmed Country Road had said Cheston’s claims would ”be vigorously defended”.

The recent stouch is in stark contrast with the initial announcement of Cheston’s appointment, when his ”exceptional international retail and leadership experience” were touted as promising to lead Country Road “to a position of even greater strength and prominence”.

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