Retail tycoon Brett Blundy poaches John Cheston from rival Solomon Lew's Smiggle, appointing him as Lovisa CEO.

Retail tycoon Brett Blundy has poached John Cheston from rival Solomon Lew's Smiggle, appointing him as CEO of Lovisa, Blundy's fast fashion jewellery chain. The move comes as Smiggle is on the verge of its separate listing, making Cheston's departure a significant loss for Lew. The poaching incident is seen as a signal of an intensifying retail rivalry between the two influential businessmen.