Top toy seller may be hired to turn around Littlewoods'fortunes.
BRITAIN'Sbiggest toy seller may be hired to run
Littlewoods' retail and home shopping business.
The owners of the Liverpool-based store chain, the Barclay brothers
were last night reported to be in talks with former Hamleys toy store boss Simon Burke about running the Littlewoods business. Rose Foster was
poised to take up the role of Littlewoods chief executive,but the group
managing director of fashion chain Monsoon reversed her decision at the
beginning of the month. Reports claim that the Barclays, who bought
Littlewoods for pounds 750m last November, have approached Dublin-born
Mr Burke, who joined the struggling toy giant four years ago and turned
the business around into a pounds 59m acquisition target of Icelandic
retail investor Baugur last month.