Richard Price, Managing Director of Clothing and Home at M&S, is taking on a new role as a non-executive director at Refined Networks, a global ecommerce platform.
- Price’s vast experience in retail will be a valuable asset as he joins the board of Refined Networks, an entity established by seasoned industry leaders.
- The platform has successfully assisted brands like Benetton and J.Lindeberg in expanding their online presence globally, with new partnerships on the horizon.
- Price has previously contributed significantly to M&S’s strategic initiatives, enhancing their product offerings and digital capabilities.
- His appointment is expected to drive Refined Networks’ growth and help fashion brands achieve international expansion.
Richard Price, known for his strategic prowess in the retail sector, is broadening his professional landscape by joining Refined Networks as a non-executive director. M&S’s Managing Director of Clothing and Home, he is stepping into this new role with an extensive background in key industry positions, enhancing his ability to contribute effectively to the board.
Refined Networks, co-founded by Ben Barnett, Ian Wallis, and Sune Bjerregaard, has positioned itself as a formidable entity in the ecommerce landscape. The platform has been instrumental in empowering fashion brands such as Benetton and J.Lindeberg to enhance their online sales and global reach. The board anticipates unveiling partnerships with retail giants Nordstrom and Macy’s, as well as furthering their presence in European and Middle Eastern markets.
Over the course of three decades, Price has amassed significant experience with major retailers like Next, BHS, and Tesco’s F&F division. His strategic leadership has been evident at M&S, particularly through the “Never the Same Again” strategy, which focused on product innovation and strengthening digital commerce. His accolades, like being named Drapers Leader of the Year 2023, underscore his impact in retail.
Currently, Price also holds board positions with Nobody’s Child, a fashion brand, and Fabacus, a technology platform, reflecting his commitment to fostering growth and innovation within the industry. He succinctly articulates the opportunities available to fashion brands, emphasizing the necessity of cross-border trading and digital adoption.
Ben Barnett, chair and co-founder of Refined Networks, expressed enthusiasm about Price’s addition to the board. He highlighted Price’s transformative influence at M&S and aligned vision with Refined Networks’ ambition to leverage digital marketplaces for global fashion growth. Barnett noted that Price’s expertise will be pivotal in fulfilling strategic objectives for both Refined Networks and its partners.
Richard Price’s appointment marks a significant strategic move for Refined Networks in its global expansion efforts.
