Shop Direct CEO Alex Baldock resigns

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Shop Direct chief executive Alex Baldock is stepping down from the helm of the online retailer next summer after five years. Baldock, who joined the online retail group in 2012, has been credited for the Shop Direct’s five consecutive years of rising sales and profits, including the underlying pre-tax profits jump of 10.2 per cent to £160.4 million and revenues increase of 14.6 per cent to £1.26 billion in the fiscal year ending July 1.

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Shop Direct CEO Alex Baldock resigns

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