º£½ÇÊÓÆµ

Oops.

Our website is temporarily unavailable in your location.

We are working hard to get it back online.

PRIVACY
Retail & Consumer

Clarks appoints former New Balance boss as new chief executive

He will be taking up the position at the historic Somerset retailer next month

A Clarks high street store.(Image: Birmingham Mail)

Shoe retailer Clarks has appointed the former boss of US sportswear brand New Balance as chief executive.

Jonathan 'Jon' Ram will join the Somerset-founded company next month.

The Canadian is taking over from Johnny Chen, who has been in post as temporary chief executive since Victor Herrero stepped down in November.

Mr Chen joined Clarks' board in 2021 and is vice chairman of Hong Kong-based private equity firm Lionrock Capital - the parent company of Clarks.

Mr Ram joins the firm from US clothing brand HanesBrands Inc, where he was group president of global activewear.

Before that, he spent 16 years at New Balance and was involved in the transformation, growth, and profitability in the Europe, the Middle East and Africa (EMEA) business and the North America multi-channel business.

Colin Li, chair of Clarks, said: “I am pleased to welcome Jon to Clarks as our new CEO. He brings significant global experience and understanding of the footwear and apparel market."

Mr Li said Clarks had implemented a turnaround strategy in the last year that was designed to protect the future of the business - and it had resulted in an "improved financial position" for the company.