Waterstones has named former Farfetch finance executive Karen Ashworth as its new chief financial officer.
Ashworth joined the bookseller earlier this week, filings on Companies House show.
Ashworth joined Farftech back in 2017 as its finance director before being promoted to vice president of financial control in 2022.
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Her departure follows reports that the etailer was laying off between 25% to 30% of its workforce after it was acquired by South Korean ecommerce giant Coupang in a pre-pack administration deal.
Farfetch told employees in February it had decided to “streamline the business to allow us to operate from a position of financial strength”.
The luxury fashion group is said to have made cuts in its product design team and Farfetch Platform Solutions – it’s suite of commerce solutions and retail technology designed for use by brands and retailers.
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