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Michael Oliver
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Laura Tenison
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Brian Hay
Jennie Johnson

Halfords chief executive David Wild resigns

Retail chain Halfords today announced that chief executive David Wild had stepped down.

It came as the group issued a profits warning following a hefty slide in sales.

Wild, who has been in charge for four years, resigned with immediate effect after like-for-like retail sales dropped 7.5 per cent in the 13 weeks to 29 June.

The group said that it expected sales to be flat at best in the second half of its financial year - leading it to slash profit guidance from around £79 million to between £62 million and £70 million.

Halfords chief executive David Wild resigns
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