Outdoor clothing retailer Kathmandu has appointed Xavier Simonet as its new chief executive who will relocate from London to Melbourne to take up the role.
Mr Simonet, an Australian citizen, is currently chief executive of London-based Radley which has a product range covering women's handbags, luggage and accessories, with global retail operations.
He replaces former chief executive Peter Halkett who left in November after eight years leading the retailer, saying he intended to take a year off before seeking new challenges.
Kathmandu chairman David Kirk said a comprehensive international search was undertaken to fill the role.
"Xavier has wide experience in retailing and brand development in Australia and in many international markets. He has a proven track record building brands and developing successful retail businesses in fashion, apparel, accessories and related products," he said.
Last year the retailer posted a 4.5 per cent decline in annual profit to $42.2 million, as earnings were hurt by a warmer start to winter, which dented trading of seasonal goods through a period when it holds one of its biggest annual sales.
The company plans to expand its business in the UK and Europe this financial year, in the first phase of a three-year strategy to build its global brand, which may dent earnings growth.
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