Club L London has appointed Richard Wing as the new Chief Financial Officer (CFO), aiming to steer the company into its next phase of global growth.
- Richard Wing, previously the group finance director at Club L London, has been promoted to CFO, succeeding Karl Lloyd.
- Wing’s background includes significant roles at THG Ingenuity, Ladbible, and Missguided, adding valuable experience to his new position.
- Under Wing’s leadership, Club L London plans to launch dedicated websites in new markets, following the recent launch in Canada.
- The company boasts a 96.87% compound annual growth rate, positioning itself as a leading affordable luxury fashion house.
Richard Wing has been appointed as the new Chief Financial Officer of Club L London, with an aim to lead the brand through an ambitious phase of global expansion. He steps into this role following his tenure as the group finance director, replacing Karl Lloyd. Wing’s appointment is seen as a strategic move to leverage his extensive financial expertise for the company’s burgeoning growth plans.
Prior to joining Club L London in July 2022, Wing gained significant experience as the group finance director at THG Ingenuity from 2020 to 2022. His role there followed his impactful stints as group finance controller at both Ladbible (2017-2020) and Missguided (2015-2017), where he honed his skills in financial management and strategic planning.
In his new role, Wing is set to report directly to Club L London’s founder and CEO, Katie Randev. His strong background in finance is expected to be instrumental as the company seeks to bolster its presence in international markets. The brand is actively planning the launch of two new dedicated websites by the end of the year, aiming to further cement its global footprint.
The Manchester-based company’s recent growth figures underscore its strong market position. Ranked as the 54th fastest-growing private company in the UK by The Sunday Times last June, Club L London demonstrated a compound annual growth rate of 96.87% over three years. With sales reaching £38.6 million in the most recent financial year, the brand’s strategy reflects its commitment to expanding while maintaining its status as a leading name in affordable luxury fashion.
Wing expressed his enthusiasm for his new role, stating, “My mission at Club L London is to drive sustainable and profitable growth. I am driven by innovation and excited about our upcoming initiatives, which will not only drive our growth but also solidify Club L London’s position as the leading affordable luxury fashion house.” His vision aligns with the company’s strategic goals of innovation and sustainable expansion.
Richard Wing’s appointment marks a pivotal step for Club L London as it navigates its future global ambitions.
