Blog: Leonie BarrieOn your Marks…

Leonie Barrie | 26 May 2004

British retailer Marks & Spencer is in the headlines again – and for all the wrong reasons. The company yesterday admitted that its clothing sales and market share have failed to meet expectations, and that further losses are likely in the first half of the current financial year. It seems it can do nothing right as it struggles to find a new formula for recovery. Prices are being reduced by an average 3 per cent this autumn; but its rivals like Next are going for even bigger cuts. And a planned overhaul of its supply chain, aimed at slashing the 18 weeks to get the majority of its clothing from the factory to the shop floor, looks like being a long and laborious process.

With retailers like Zara setting the pace from design to delivery in as little as two weeks, M&S’s supply chain seems archaic in comparison. In a trial to reduce delivery times, M&S proposes to dump just one of the 90 supplier warehouses that hold goods before they get to its own distribution centres. The retailer also plans to buy about 7.5 per cent of its clothing direct from factories.

Research published by Verdict earlier this week says sales growth at smaller retailers is outstripping their larger counterparts. Strength of brand and focus are highlighted as the key reasons for this trend. M&S should take note.


BLOG

Likely shifts in the sourcing landscape in 2017

Continuing our look at what lies ahead for the apparel industry and its supply chain in 2017, the panel of industry experts consulted by just-style last week tackled likely shifts in the sourcing land...

BLOG

Trump trade policies and China tensions top concerns

This week our focus turns to first thoughts from a panel of industry experts consulted by just-style on the challenges and opportunities likely to face the apparel supply chain in 2017, with prospects...

BLOG

Happy New Year – and a first look at 2017

Welcome back after the holiday break, and from the team here at just-style I’d like to wish all our readers a happy and prosperous New Year....

BLOG

New re:source to help unravel sourcing decisions

Apparel sourcing is a complex process built on a mix of location, logistics, lead-time, price, compliance, risk and reliability. And it's in a constant state of flux as retailers, brands and manufactu...

just-style homepage



Forgot your password?