Debenhams Group appoints Richard Vanoli as Debenhams managing director
Debenhams Group has appointed Richard Vanoli as managing director of the Debenhams brand.
Vanoli has worked with the group for more than 25 years, having joined aged 17 in stock distribution before rising through the ranks to senior leadership. He most recently served as chief commercial officer.
Subscribe to TRBSince being acquired out of administration in 2021, Debenhams has been rebuilt as a digital-first business operating a marketplace model with more than 20,000 brand partners.
In his new position, Vanoli will report to Debenhams Group chief executive Dan Finley and will be tasked with expanding the marketplace, strengthening brand partnerships, and continuing to invest in technology to enhance the customer experience.
Finley said: “Richard has been part of Debenhams for over two decades and has been instrumental in helping to reshape the business into the modern, digital retailer it is today.
“He has a deep understanding of the brand, the marketplace model that underpins its growth, and has a clear vision for where we are going next.
“While Debenhams has already made significant progress, we’re just getting started. Richard’s leadership will be key to supercharging the brand and delivering the next stage of growth.”
In January, the group announced that it was trading above expectations and upgraded its full-year adjusted EBITDA guidance for FY26 from £45 million to £50 million. This was followed by an oversubscribed £40 million fundraise in February to support further growth and investment.
