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Steve Adams appointed CEO of James Cropper

Alissa Demorest

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Steve Adams appointed CEO of James Cropper

Adams was Managing Director of the company’s paper division for the last five years. He succeeds Phil Wild in his new role. Prior to James Cropper, Adams was Business Director, Electronics & Energy Business Group at 3M UK.

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Key Figures

+28%

Sales increase of the global second-hand luxury-goods market in 2022, amounting to €43bn in 2022. This growth rate is 1.3 times higher than for new luxury goods. While bricks-and-mortar resale stores still make up the bulk of second-hand sales, digital channels now control nearly 30% of the market. Source: Capgemini Engineering

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