Blog: Paris offers no escape for M&S' domestic woes

Petah Marian | 24 November 2011

For all that Marks & Spencer had to be proud of today (24 November), it would be easy to imagine that chief executive Marc Bolland might be feeling a bit Down and Out in Paris and London, after its international success was dampened by concerns closer to home.

Speaking about its return to France with the opening of a store in Paris, Bolland described a "fashion riot", with police coming to check on the queues of up to 1,000 people wanting to shop its new Champs-Élysées store. Today should have been about celebrating the retailer's re-entry into the market a decade after it left.

Instead, the opening was overshadowed by rumours that M&S' executive director of general merchandise, Kate Bostock is in advanced talks with rivals to leave the company. A testy Bolland told one journalist to go back and listen to the tape when he asked again for more information about the highly regarded executive's plans. Perhaps tellingly, neither Bolland or Bostock issued an outright denial of the talks, with Bostock only saying that: "I am very disappointed at pieces in the press today. I am very proud of the team."

If that wasn't enough, questions also focused on rumblings about the retailer's plans to make suppliers contribute to its store revamp programme amid ongoing reports that some are refusing to pay. Bolland was able to be firmer in his denials of animosity, saying: "Don't create something that is not there."


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?