Footasylum has taken strategic steps to bolster its leadership team for future growth.
- Former Under Armour executive, Will Van Rensburg, joins as Chief Commercial Officer.
- Glen Wilkinson, ex-Reebok product chief, is appointed Senior Buying Director.
- These appointees bring extensive experience from leading global companies.
- Footasylum aims to enhance its market position in fashion streetwear and sportswear.
Footasylum’s recent executive appointments mark a significant move in enhancing its leadership team, aiming for accelerated growth in the fashion industry. The hiring of seasoned leaders is intended to steer the company’s strategic direction towards sustainable expansion.
Will Van Rensburg, previously a global commercial director at Under Armour, takes on the role of Chief Commercial Officer. His tenure at Under Armour, particularly from 2020 to 2023, has equipped him with vast experience, which he will use to oversee Footasylum’s commercial operations and refine its growth strategy. His previous engagement with Clarks further enriches his commercial acumen.
Glen Wilkinson, set to commence later this month, steps in as Senior Buying Director. Having amassed extensive experience from notable brands like Ecco, Reebok, and New Balance, Wilkinson will collaborate closely with Chief Product Officer Leon Mullin. His prior role at AW Lab as head of buying and merchandising underlines his capability in enhancing product offerings.
The new appointments come at a crucial time as Footasylum has secured a substantial £35m funding package from HSBC. These funds are allocated for the company’s growth and sustainability initiatives, which are in line with its recent financial performance that saw a remarkable 112% increase in pre-tax profit, climbing to £6 million in the last fiscal year.
The inclusion of these seasoned executives is anticipated to fortify Footasylum’s strategy, enabling it to maintain a leading edge in the dynamic sectors of fashion streetwear and sportswear.
These strategic appointments and funding strides are pivotal in sustaining Footasylum’s momentum in the competitive retail market.