Specialty Fashion Group Limited confirmed that as previously announced on 14 May 2018 and 28 August 2018, Phil Ryan will be appointed as Chief Executive Officer (CEO) of the Company, effective 1 October 2018. Ryan succeeds Daniel Bracken, who announced his intention to resign earlier in the year after helping to strategically reposition the Company. Ryan brings 25 years' experience in the retail sector and has been the General Manager of City Chic, SFG's sole remaining brand, since City Chic's inception in 2006. Daniel Bracken will step down as CEO and Managing Director on 30 September 2018.