Stewart Binnie steps down from Aurora Fashions board

Aurora Fashions, which owns women’s fashion brands Coast,

Oasis and Warehouse, has announced that Non-Executive President Steward Binnie has stepped down from the board.

Binnie has been with Aurora Fashions for more than 10 years, eight of which were as Chairman, and during his time with the group the brands turnover grew from £135m to £615m, and now trades from over 1,600 stores in 54 countries worldwide.

Derek Lovelock, Chairman of Aurora Fashions and Karen Millen, said: "Stewart has been with us for over decade, adding great value and commercial insight as we've evolved as a business.

“The retail environment has changed significantly over this time and, in an often challenging climate, his varied background in retail, investment management and private equity has provided invaluable expertise to the board. We appreciate all his guidance and wish him every success in the future."

The remaining Aurora board continues unchanged.