Radley parts ways with chairman and ceo

British accessories brand Radley has parted ways with its chairman and chief executive, amid a slowdown in sales.

Paul Mason, the former Somerfield boss, announced his resignation as chairman. Sven Gaede, chief executive for three years, has also stepped down. The departures come as the private equity owned company, which recently hired the model Laura Bailey as its brand ambassador, reported a decline in revenue.