Blog: Matalan modifications
Leonie Barrie | 16 October 2006
John Hargreaves, founder of the discount clothing retailer Matalan, could introduce a number of radical changes to the company’s strategy if his agreed offer goes through. This article in The Sunday Telegraph yesterday suggests he will freeze Matalan’s ongoing expansion programme, cut the number of ranges the shops sell, cut prices and move away from the 'Fast Fashion' trend pursued by rivals. Although the newspaper doesn’t reveal its sources, it’s an interesting read – as is this profile of the man behind the deal:
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