Blog: Leonie BarrieMud-slinging at Matalan

Leonie Barrie | 5 July 2006

There’s been a lot of talk in recent years of mid-market retailers being squeezed by discounters at one end and upmarket brands at the other, but as those in the middle – like M&S – have got their acts together, so the competition at the bottom of the market has become considerably tougher. Just look at the saga of Matalan, which was once worth more than GBP3bn but is now struggling to keep up with the likes of Tesco and Primark and is currently embroiled in a boardroom battle with its founder. There’s not much to report yet from today’s annual meeting, but as long as John Hargreaves continues to dominate the headlines by either trying to sell his remaining stake in the company – or buy it back – then it looks like there are plenty more twists to come in this particular saga.

 

Matalan takeover complications


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...

BLOG

US border tax a contentious issue

Fresh from their disappointment at seeing the Trans-Pacific Partnership (TPP) free trade deal abandoned last month with an executive order by President Donald Trump, the US apparel and footwear sector...

BLOG

Primark's sustainable cotton programme takes shape

With the ultimate aim of ensuring all the cotton in its products is sourced sustainably, value clothing retailer Primark is adamant that having a business model focused on offering the lowest prices o...

just-style homepage



Forgot your password?