Betaville

Rose replaces Rose at Blue Inc ahead of IPO

Here's an interesting tale about one of Britain's oldest retailers.

I understand Sir Stuart Rose, the former chief executive of Marks & Spencer, has stepped down as chairman of "fast fashion" retailer Blue Inc ahead of a potential flotation of the 100-year old company.

Sir Stuart has been replaced by - wait it for it - Richard Rose, the chairman of online white goods retailer AO.com and cash and carry group Booker. I don't think the two Roses are related!..