Retail guru Brett Blundy has labelled the departure of Lovisa Holdings’ long-serving chief executive Shane Fallscheer “a sad day” and welcomed Victor Herrero to the top job in his place.
In a late announcement on Tuesday, Mr Fallsheer surprised the market by saying he will step down after 12 years leading the fashion jewellery company.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
