Industry News

Jollyes announces new CEO amid expansion plans

In January, Jollyes reported record sales of £42 million for the half year to November, a 12.5 per cent rise in like-for-like sales against a year earlier and 30 per cent up on the same period in 2019

Nationwide pet retailer Jollyes has announced the appointment of Joe Wykes as chief executive officer to lead the business through a period of expansion that aims to see annual turnover grow to £100m in the next 12 months.

In January, Jollyes reported record sales of £42m for the half year to November, a 12.5 % rise in like-for-like sales against a year earlier and 30% up on the same period in 2019.

Wykes joined Jollyes as chief operating officer in July 2021, after serving for two years as chief operating officer at Benson for Beds, and has held senior roles in finance and operations in a number of private equity-backed retail businesses.

Richard Cotter will continue as executive chairman of Jollyes and over the next few months transition back to the role of non-executive chair he assumed when first joining Jollyes in 2018.

Cotter said: “I am confident that in Joe we have a CEO who has the energy, drive, passion and commitment to deliver our strategic objectives – and, just as importantly, someone from inside our business who knows and understands what we stand for.

“Because of the amazing Jollyes team, I’m looking forward to the bright future ahead of us as we look to open new stores, acquire new businesses and invest in our people.”

Wykes added: “I’m really honoured to get the opportunity to lead the Jollyes team as we look to bring the brand to more people in more places.

“The strength of the whole Jollyes team – in store and in our central operations – and the fantastic reaction of customers to what we bring them, makes me excited about what more we can achieve as we grow.”

Back to top button