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Birmingham Post

Business

Jon Robinson

Matalan put up for sale as it hires former New Look CEO

Matalan New Look John Hargreaves Nigel Oddy

The founder of Matalan has stepped down as chairman to make a bid for the retail chain after it was put up for sale.

John Hargreaves founded the Liverpool-headquartered company in 1985 and only returned as chairman in July after executive chair Steve Johnson stepped down.

Senior non-executive director Tim Isaacs will become interim chairman while the business has also appointed Nigel Oddy as interim chief executive.

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