Lowe Bell hired as Liberty changes fabric of board

Retailer Liberty has appointed Lowe Bell Financial to handle its City PR following Shandwick’s decision to resign the account last month.

Retailer Liberty has appointed Lowe Bell Financial to handle its

City PR following Shandwick’s decision to resign the account last

month.



Shandwick resigned in reaction to the ousting of Liberty chairman Denis

Cassidy and four directors by rebel shareholders Brian Myerson and

Elizabeth Stewart-Liberty, a descendant of the original owners.

Liberty’s merchant bank, broker and lawyer - Barings, Cazenove, and

Slaughter and May - have also resigned.



It is thought that the advisers jumped before they were pushed by the

new board members.



Lowe Bell is charged with turning around the City reputation of Liberty

following the prolonged boardroom struggle. Late last month Liberty,

which had been for sale under Cassidy, announced that it was no longer

considering offers following the appointment of Philip Bowman as

chairman and a proposed pounds 42 million redevelopment of its flagship

Regent Street store has been put on hold.



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