Blog: Sir Stuart enjoys last hurrah
Joe Ayling | 14 July 2010
Sir Stuart and Twiggy at today's AGM
Russian spies, headless gingerbread men and slow clapping all figured at Marks and Spencer's annual general meeting (AGM) in London today (14 July).
Sir Stuart, who was re-elected as chairman for the last time, signed off with a snapshot of his six years in charge of the UK's clothing retailer - from Plan A to the ravages of recession.
There was even an appearance by iconic M&S model Twiggy, who wheeled out Sir Stuart's famous clothing trolley for his annual presentation of best performing fashion items.
New CEO Marc Bolland must have wondered what was going on, as chuckling shareholders lapped up the party atmosphere orchestrated by his predecessor.
But as Bolland said, Sir Stuart has installed a family ethos at Marks and Spencer, meaning that AGM day feels more like an event than a chore.
Reflecting on his time in charge, he said: "I am enormously proud to have led this company over the past six years, it has been a privilege and a pleasure."
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...
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...
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...
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...
- Digitalisation and data to disrupt supply chains
- EU eyes mandatory due diligence for apparel supply
- Unlocks for the future fashion sourcing landscape
- What TTIP might mean for US, EU textiles & apparel
- Where next for Corporate Human Rights Benchmark?
- Li & Fung forms supply chain partnership with PVH
- US Q4 in brief – Finish Line, Oxford Industries
- Sears has "substantial doubt" of future
- Levi Strauss and ILO probe Cambodia factory death
- Adidas mulls roll-out of in-store customisation
- Central and East Europe Report Package
- Central America strategic sourcing review - a focus on Guatemala, El Salvador and Honduras
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing