UK: Two more senior executives to exit M&S
Marks & Spencer's director of IT, Darrell Stein, and Clem Constantine, director of property, have been confirmed as the latest executives set to leave the UK retailer.
Stein and Constantine will exit the business in the summer, a spokesperson for M&S said in a statement sent to just-style today (25 March).
According to the company's website, Stein and Constantine have held their respective positions since 2006 and served on the management committee.
"Their roles have significantly changed recently; Darrell developed our new e-commerce platform which has now been delivered and, as announced at our interims, we will be putting on less general merchandise space which changes our property focus," the statement added.
The spokesperson said it is too soon to give any details on potential replacement plans.
M&S reported its tenth consecutive quarterly decline in general merchandise sales in January, despite seeing what CEO Mark Bolland described as early signs of improvement in its women's wear business.
Marks & Spencer Plc offers a wide range of quality products at prices ranging from economy to high mid-range. It is one of the longest established British high street stores and sells clothing, food a...
Over the forecast period, Marks & Spencer (Asia Pacific) Ltd will continue to monitor and review efficiency in supply chain and other operations in order to reduce cost. The company will also continue...
Having posted strong growth from its sales of packaged food throughout the economic recession, Marks & Spencer’s performance towards the end of the review period was hampered by the poor performance o...
This report analyzes the worldwide markets for Women's and Girls' Clothing in US$ Million by the following Product Segments: Women's and Girls' Dresses, Women's and Girls' Suits & Coats, Women's and G...
- When will Gap get back on track?
- Software solutions enhance speed and visibility
- Portugal footwear makers underpin industry growth
- Supply chain weighs on Kering's green footprint
- Bangladesh factory safety progressing slowly
- Q1 apparel results in brief: Brown Shoe Co, Belk
- China to reduce apparel import taxes
- Indonesian textile sector sees 6,000 lay-offs
- Vietnam garment staff return after faintings
- New black dye meets sustainability standards