// Bonmarché CEO Helen Connolly steps down after 3 years
// Connolly previously served as head of buying at Asda, Dorothy Perkins and Next
Bonmarché chief executive Helen Connolly has stepped down from the embattled retailer after three years at the helm.
Connolly joined Bonmarché in August 2016, and officially resigned from her position on December 9, Drapers reported.
She has previously served as the former director of buying womenswear and lingerie at Big 4 grocer Asda, as well as Dorothy Perkins and Next.
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Bonmarche collapsed into administration in October, which put around 2900 jobs at risk, and 25 head office and middle management roles were immediately made redundant.
Following the administration, Spectre Holdings boss Philip Day lost his £5.73 million equity investment in Bonmarche.
In November, it was revealed that Edinburgh Woollen Mill-owned value retailer Peacocks was the preferred bidder for Bonmarché.
The deal would result in the closure of 30 “underperforming and unsustainable” Bonmarché stores by December 11 and “potential” further redundancies.
The Wakefield-based business employs 2887 people, including 200 staff at its head office, and trades through 318 UK stores and online.
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