Footasylum has changed CEO and lost its CFO within four months, mid-way through a store rollout and the Trapstar acquisition. For the Aurelius-owned retailer, execution of the £500m revenue plan now rests on a leadership team still being assembled.

Footasylum chief financial officer Nick Scott has left the UK sportswear retailer after three years in the role – it is the second senior exit at the Aurelius-owned company this year.

The departure lands at a delicate moment. Footasylum replaced its chief executive in March 2026, when former adidas, Nike and Gymshark executive Hannah Mercer succeeded David Pujolar, who exited on Feb. 12, 2026 after two years. With both the CEO and CFO seats turned over within four months, the incoming leadership inherits an expansion agenda already in motion.

Nick Scott leaves Footasylum

Nick Scott leaves Footasylum / Photo: Footasylum

Scott joined the Rochdale-based retailer in February 2023 from Baird Group, the owner of menswear chain Suit Direct, shortly after private equity firm Aurelius acquired Footasylum in 2022. His tenure coincided with a turnaround from roughly £298 million (€349 million) in revenue and minimal profit in FY2023 to £349.5 million (€409 million) and sharply higher operating earnings by FY2025, with the business delivering two consecutive years of record revenue and profit.

The retailer operates 65 stores in the UK, is pursuing international growth through wholesale partnerships, and last week acquired British streetwear brand Trapstar after it entered administration.