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Expanding team welcomes Barry Knight, retail advisory and restructuring specialist

28th March 2008

Smith & Williamson, the leading accountancy and investment management group, is delighted to announce the appointment of Barry Knight, who joins the firm's Restructuring and Recovery Services team as a director, specialising in the retail sector. 

Barry has over 18 years' experience in the retail sector, having worked with Mytravel, Littlewoods, Burtons (now Arcadia), Sears, Selfridges, Coats Viyella, Jaeger and Boots, among other household names. His focus has typically been on reorganisation and restructuring projects.

"The retail sector has been operating in a benign environment for some years and this has masked inefficiencies. However, the combination of the credit crunch, falling house prices, rising commodity prices, inflation in China and other supplier countries, means the retail sector could soon be facing some testing issues." 

"I am delighted to be joining Smith & Williamson which offers a quality alternative to the larger firms. I will draw on my restructuring experience and look to help reorganise retail businesses where necessary . There are many retail businesses who are fundamentally sound and can be turned around. It is a question of facing up to and addressing the issues at an early stage," said Barry. 

Barry is a chartered accountant and a member of the Association of Corporate Treasurers.  He is based at Smith & Williamson's City office. 

For further information, contact:

Barry Knight, director
Tel: 020 7131 8284
Mobile: 07715011062
E-mail: barry.knight@smith.williamson.co.uk

PR enquiries:

Kate Harrison / Alison Hayman, tel: 020 7131 4228 / 4138 

Disclaimer

By necessity this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication. Article correct at time of writing. 

Note to editor

Smith & Williamson is a leading independent investment management and financial services group, with over 1,400 employees, that provides a broad range of services including investment management, financial advisory, tax, private banking and accountancy to private clients, professional practices, companies and non-profit organisations. The group operates from offices in London, Belfast, Bristol, Glasgow, Guildford, Maidstone, Salisbury, Southampton and Worcester.

Smith & Williamson Limited

Regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities. A member of Nexia International, a worldwide network of independent accounting firms.