Aspinal of London appoints Laura Brown as new CEO
Aspinal of London has named Laura Brown as its new CEO, bringing her strong background in the luxury retail sector to the luxury leathergoods and accessories brand. Brown has previously worked for renowned names such as Harrods, Bicester Village, and the Dubai Mall.
Commenting on the appointment, Iain Burton, chairman at Aspinal of London, said in a statement: “I am sincerely delighted to welcome Laura to the Aspinal family, and positively look forward to the next chapter of our Aspinal journey with Laura’s years of ‘best in class’ luxury retail experience and team leadership.
“People make businesses and brands. In these challenging difficult headwinds and uncertain climate, it’s great to have someone of Laura’s calibre to guide us at our helm.”
Brown added: “I am delighted to be joining the Aspinal of London team at such a pivotal time in their journey as a British success story.
“Aspinal’s accelerated growth both in the UK and internationally over the past few years has set the stage for an exciting new chapter with so much more yet to come.”
Earlier this year, Aspinal of London reported a 19% revenue growth, with adjusted EBITDA up 32%. Despite a rise in sales and administrative costs, the company saw a drop in net profit for the year.