Maureen Hinton
VideoCan M&S’ floundering fashion business ever recover?
Marks & Spencer’s apparel arm suffered a like-for-like sales slide of 5.5% in the first half. Chief executive Steve Rowe has taken control of the clothing business and says a new team has got off to a great start and “their first ranges have delivered”. GlobalData global retail research director Maureen Hinton joins Retail Week executive editor George MacDonald to discuss M&S’ fashion prospects.
OpinionComment: UK proving to be a challenging market for Zara
Zara UK’s operating profit fell by over a third in the year to the end of January 2014 because of increased costs, while its sales increased by just £15m.
OpinionComment: After years of missing the mark, when will M&S get its clothing right?
Getting clothing right has been the challenge for every new CEO since 1999 when M&S began to lose its dominance of the market, but it always seems to elude them.
OpinionComment: Can Primark crack the US? You bet it can
Primark’s move into the US should not be compared with previous UK retailers’ entry and subsequent failures in that market.
OpinionComment: M&S must convince women to return to its stores
Marks & Spencer clothing market share as been in decline since the 1990s with its core customers, women, no longer regarding it as the primary destination for clothes shopping.