Arcadia Group is looking to introduce fundamental changes to its sourcing strategy, working on a group-wide basis rather than individual fascias.
As part of the shake-up, the business has hired Tesco’s former buying director for clothing Jon Bennett as group sourcing director.
Bennett took up the newly created role in July, and has since held meetings with key suppliers to discuss the new sourcing strategy, which is thought to have been in the works for some time.
Bennett has been working alongside Dave Shepherd, who was promoted from managing director of Topman to the new chief operating officer role back in April, to communicate the plans.
It is understood the changes are likely to be implemented within a relatively short space of time, and will see orders made across Arcadia’s complementary fascias – such as Topshop and Miss Selfridge.
An Arcadia spokeswoman declined to comment on the changes, although confirmed Bennett’s appointment.
She added: “Jon is working closely with Dave Shepherd and the brand teams on our sourcing activities.”
1 Reader's comment