Blog: Revolving door at Tesco
Leonie Barrie | 19 October 2007
There are fears of a brain drain at UK supermarket giant Tesco after it lost its fifth senior manager in as many months today. The exit of its Central European clothing boss Julia Reynolds, who is heading for the CEO post at online lingerie and swimwear retailer figleaves.com, is the only apparel-related departure. But the seeming mass exodus of other top executives, including commercial finance director Keith Down, head of IT John Browett, head of Tesco Direct Steve Robinson, and director of Tesco's development programme Dido Harding is raising concerns.
Analysts say the departures reflect the lack of opportunity for promotion to board level jobs within the retail group. The only step up the ladder for Reynolds, for instance, would have been to succeed Tesco's international sourcing chief, John Hoerner. Ambitious executives need to be able to make their mark, as well as spot opportunities for career progression. And if these aren’t going to come internally, then they have little option but to look elsewhere.
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...
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...
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....
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...
- Trump and the apparel industry – Infographic
- How US border adjustment tax could affect apparel
- British Brexit plans prioritise tariff-free trade
- Apparel factory auditing is in the firing line
- NRF 2017 – Retail tech launches and developments
- Cambodia clothing exports at risk from Brexit
- Apparel brands urge Bangladesh PM to address wages
- New project to digitalise European fashion chains
- Brands need to tackle Turkey factory refugee abuse
- JC Penney to roll out hundreds of Nike "shops"
- Outdoor performance apparel 2016: A broader perspective
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Anti-odour clothing: fresh fashion for an active lifestyle
- Global apparel markets: product developments and innovations, October 2016
- Global market review of lingerie – forecasts to 2022