Blog: Michelle RussellKing's Sainsbury's tenure comes to an end

Michelle Russell | 9 July 2014

Justin King will end his decade long tenure as Sainsbury's chief executive today (9 July), as he hands the reigns over to Mike Coupe.

King will bow out as CEO at the group's annual meeting after announcing his resignation back in January.

The focus now will be on whether Coupe is a safe pair of hands for Sainsbury's and whether his focus will turn to the fast-growing area of clothing.

The retailer has been reaping the benefits of the investments it has been making in its clothing division, after it revealed last month that the business had grown at double-digits in the first quarter. The increase in clothing sales have continued to outdo those of its competitors, like Tesco.

It will now be up to Coupe to build on the momentum King has created.

Sectors: Apparel, Retail

BLOG

A deep dive to unlocking digitisation's potential

So far, the promise of digitisation in the apparel industry remains largely unfulfilled. But with opportunities for new cheap supplier countries nearly exhausted, it is now seen as offering sourcing e...

BLOG

Kingpins Goes to DC – Watch now

The challenges and opportunities facing today’s textile and apparel industry is also explored in the second in a series of expert panel discussions that is now available to watch on demand...

NEWS

American Eagle Outfitters expands to India

Clothing retailer American Eagle Outfitters Inc is to enter India - the world's largest youth market - through licensed stores....

BLOG

Industry outlook positive but disruptive

How is the global apparel sourcing landscape changing? According to executives at last month’s MAGIC fashion trade show in the US, "speed-to-market," "product differentiation" and "inventory control" ...

BLOG

Speed-to-market can be slow to achieve

It's easy for brands and retailers to see how they can potentially benefit from a successful speed-to-market program – but the irony is that without the support of strategic suppliers, it can be a lon...

just-style homepage



Forgot your password?