A Season of Change for the Online Marketplace

  • Not on the High Street promotes Chief Growth Officer Jessica Nesbitt to CEO
  • Nesbitt replaces Leanne Rothwell after a tenure of two and a half years
  • Nesbitt brings 20 years of experience in marketplace, fashion, and retail businesses
  • Focus on enhancing customer experience with ‘Brands in Residence’ program
  • Shifting from gifting-focused platform to lifestyle, home, and interiors
  • Expanding product offering, growing partnerships, and strengthening customer experience

Not on The High Street has appointed Chief Growth Officer, Jessica Nesbitt, as its new CEO. She replaces Leanne Rothwell, who served two and a half years in the role and a total of thirteen years with the company. Nesbitt joined as Vice President of Marketing 12 months ago and brings nearly 20 years of experience across marketplace, fashion, and retail businesses. The online marketplace has seen significant growth under her leadership, launching initiatives like ‘Brands in Residence’ to onboard UK-based brands that align with the company’s ethos while enriching the product offering. Not On The High Street is transitioning from a gifting-focused platform to a lifestyle, home, and interiors destination. Nesbitt expressed her excitement for driving the business forward, aiming to expand the product range, grow partnerships, and enhance customer experience, championing independent retail in the UK.

Factuality Level: 8
Factuality Justification: The article provides accurate information about the promotion of Jessica Nesbitt as CEO, her background and experience, and details about her contributions to the company’s initiatives. However, it abruptly ends with unrelated information about cyber attacks on other companies which is not relevant to the main topic.
Noise Level: 3
Noise Justification: The article provides relevant information about a company’s leadership change and the new CEO’s background and plans for the business, but it lacks in-depth analysis or exploration of broader trends or consequences. It also briefly mentions unrelated cyber attacks without elaboration.
Financial Relevance: Yes
Financial Markets Impacted: No
Financial Rating Justification: The article discusses a change in leadership at Not on The High Street and mentions the company’s plans to expand its product offering, which could potentially impact the business operations and financial performance. However, it does not directly mention any specific financial topics or markets being affected.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no extreme event in the text and it’s not the main topic.

Reported publicly: www.retailgazette.co.uk www.retailsector.co.uk