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

Vietnam's textile-garment plan hits hurdles

domestically-made textile inputs remains a major problem that continues to hinder clothing manufacturers in the country....

BLOG

Levi Strauss leads on green supply chain in China

Sustainability remains top of mind for the industry with Levi Strauss, Adidas and C&A ranked amongst the leading brands to have made progress in environmental supply chain management in China over the...

BLOG

UK clothing exports to US to be hit by further 25% duties

Cashmere jumpers, anoraks and swimwear made in the UK and exported to the US are among products being hit by an extra 25% tariff as part of the ongoing dispute between the US and the EU over aircraft ...

BLOG

New US trade trends taking shape?

In a reversal of trends seen in July, the three Central American countries that are the largest suppliers of clothing to the US – Mexico, El Salvador and Honduras – saw a dramatic fall in shipments in...

just-style homepage



Forgot your password?