Published
October 4, 2024
In his role as MD of Clothing & Home at M&S, Richard Price is one of the most important players in the UK fashion sector. And now the board of Refined Networks is getting the benefit of his experience as he’s joined as a non-executive director.
Refined Networks is a global platform for cross-border digital commerce and said Price’s appointment comes at a time of rapid expansion for it. Since 2021, the company has partnered with over 40 international fashion brands to launch them cross-border on major online marketplaces, and it’s “accelerating its growth in SS25 with a portfolio of new launches onto Nordstrom and Macy’s, as well as into platforms in Europe and the Middle East”.
It was co-founded by Ben Barnett (former CEO of TFG London), Sune Bjerregaard (former CEO of Masai) and Ian Wallis (former global retail director at Phase Eight), so Price’s addition to the board makes it a formidable line-up.
He brings three decades of retail experience from his roles at Next, M&S, BHS and Tesco F&F.
His return to M&S in 2020 coincided with a strong turnaround at the business both in-store and online and saw M&S expanding into selling branded fashion as well as its own label.
Price said of his additional new role: “With the world’s leading retailers launching their own third-party brand platforms, fashion brands have a huge opportunity for growth – but often lack the relationships, expertise or resources to trade across multiple platforms, or cross-border into new markets. I look forward to joining the board, supporting the development of the Refined Networks solution and helping fashion brands realise their global potential.”
The seasoned executive also sits on the boards of fashion brand Nobody’s Child, in which M&S is a major investor, and the data and technology platform Fabacus.
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