Wednesday, March 26, 2008

Borders UK

There seems to be a revolving door at the offices of Borders UK. Last week the company announced that Commercial Director David Kohn, who was bought in from W H Smith at the end of 2006 would leave the company in April. Kohn's had responsibility for buying and marketing and hence this is possibly a more critical loss than the loss several weeks ago of the CEO David Roche.

Borders UK was purchased last year (from Borders US) by ex-Pizza Express founder Luke Johnson. Johnson is also currently chairman of UK's Channel four television. It is probable that philosophical differences with the Chairman on store merchandising, negotiation and store closings have had something to do with both departures.

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