Blog: Leonie BarrieMud-slinging at Matalan

Leonie Barrie | 5 July 2006

There’s been a lot of talk in recent years of mid-market retailers being squeezed by discounters at one end and upmarket brands at the other, but as those in the middle – like M&S – have got their acts together, so the competition at the bottom of the market has become considerably tougher. Just look at the saga of Matalan, which was once worth more than GBP3bn but is now struggling to keep up with the likes of Tesco and Primark and is currently embroiled in a boardroom battle with its founder. There’s not much to report yet from today’s annual meeting, but as long as John Hargreaves continues to dominate the headlines by either trying to sell his remaining stake in the company – or buy it back – then it looks like there are plenty more twists to come in this particular saga.

 

Matalan takeover complications


BLOG

Trump spares textile machinery in tariff spat

Hundreds of US imports from China will be hit with an additional 25% tariff from next month – but to the relief of the US textile, apparel and footwear industry, most of the equipment used in the dome...

BLOG

Esquel's eco-friendly manufacturing complex

Hong Kong-based Esquel Group, the world's largest woven shirt maker, has been bedding-in operations at a ground-breaking new $313.3m eco-friendly manufacturing complex in southern China....

BLOG

Tariffs back at top of Trump's trade agenda

Tariffs soared back to the top of Trump's trade agenda last week, with the imposition of punitive tariffs on imports of steel and aluminium, and plans to proceed with an additional 25% tariff on impor...

BLOG

Digitalisation goalposts constantly evolving

The debate and discussion around digitalisation continues to top the apparel industry’s agenda – but as Spencer Fung, group CEO of Li & Fung explains, the goalposts are constantly evolving....

just-style homepage



Forgot your password?