Blog: Leonie BarrieMarks loses its sparkle

Leonie Barrie | 22 December 2003

Retailers seem to be losing the game of cat and mouse that has broken out on the UK’s high streets. The drip of sales tags and special offers that I noticed at the beginning of the month had turned into a flood by Friday as retailers lose their nerve in the pre-Christmas shopping stakes.

While some analysts are forecasting a last-minute dash to the stores – this year, Christmas Day falls on a Thursday so a shopping frenzy is finally expected to break out this week – for others it could already be too late.

Women's fashion and partywear have proved spectacular turn-offs for festive shoppers, and media reports over the week-end suggest that this area is proving particularly problematic for Marks & Spencer, with sales currently running at 10 per cent below last year’s levels.      

Although it’s likely we won't know the full picture until Christmas Eve, M&S needs to take drastic action to achieve a turnaround of its core fashion business. An executive search for a new head of its clothing business is already underway, and although several high profile names have been mentioned nothing concrete has yet materialised. Is it too much to speculate that the role might be starting to turn into a poisoned chalice?


BLOG

A confusing mix of sustainable cotton options

There's an undeniable desire on the part of brands around the world to clean up their supply chains, and there's no lack of interest in using more sustainable cotton. But the confusing mix of standard...

BLOG

Have your say – Take part in just-style’s State of Sourcing survey

The global apparel industry and its supply chain is going through a period of unprecedented change. How do you and your colleagues see the outlook for 2018? And what strategies are you likely to be tu...

BLOG

Under Armour's strategic deep dives

Amid signs of a slowdown in its North American business, US sportswear brand Under Armour has made a number of "strategic deep dives" into strategy, supply chain, product, marketing and sales as a pre...

BLOG

Esquel Group on a sustainability mission

Hong Kong-based textile and apparel giant Esquel Group has made it its mission to weave sustainability into its core values, and across a vertical supply chain that spans every step from cotton farmin...

just-style homepage



Forgot your password?