Blog: Leonie BarrieGreen snubs Rose

Leonie Barrie | 5 April 2007

For all his successes, from launching Designers at Debenhams to fronting Tesco’s growth as a clothing force to be reckoned with, Terry Green will probably be best remembered for presiding over the collapse of Allders in 2005 with debts of more than GBP300m. So it’s perhaps surprising that his rumoured move to M&S has come to nothing, since it would have proved once and for all that his credibility in retail circles is intact again. Instead, Green has used the discussions to negotiate what is believed to be a big pay rise and a new and more powerful role at Tesco.

Green's rejection is an embarrassing snub to M&S, but also a sign of Tesco's growing power in clothing retail. The saga also raises questions about high-level executive shortfalls at M&S, where CEO Stuart Rose keen to concentrate on strategic issues instead of taking a more hands-on approach to the day-to-day running of the business.

Green favours the red, blue and white of Tesco


BLOG

Why digital supply chains are top of mind

Confirmation that digital supply chains are top of mind for apparel industry executives came last week with the latest plans from global sourcing specialist Li & Fung....

BLOG

Navigating global political frictions and economic uncertainty

As a barometer of the issues top of mind for apparel sourcing executives, it is hard to beat the annual Prime Source Forum in Hong Kong. ...

BLOG

Trump and Brexit generate more confusion

Over the past month, Donald Trump and his team failed to offer any clear plan to ensure Americans would "Buy American, Hire American" - while the British government's attempts to clarify the specifics...

BLOG

Bangladesh works to resolve labour activist issues

The Bangladesh government was forced to respond late last week to pressure over its crackdown on labour activists after a number of global brands and retailers, including H&M and Inditex announced pla...

just-style homepage



Forgot your password?