Specialty Fashion Group Limited announced that Daniel Bracken will continue as CEO & Managing Director of the company following completion of the transaction to oversee the separation and transition process. It is expected that he will step down prior to the AGM expected to be held in November 2018 after a phased handover to Phil Ryan, currently General Manager - City Chic, who will become CEO on Daniel's departure. As previously announced, Ashley Hardwick has advised that he will not stand for re-election as a non-executive Director at this year's AGM.