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Marc Bolland news and archive

People

Steve Rowe to remain in control of Marks & Spencer's clothing division ​indefinitely

Steve Rowe, Marks & Spencer new chief executive officer, is to retain direct control of the department store group struggling general merchandising arm, as he tries to stem months of slipping sales. According to several news reports, Rowe informed M&S employees on Monday in a memo that they should not expect to see his replacement appointed head...

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Retail

Marks & Spencer steps into 'the land down under' with dedicated website launch

London - Marks & Spencer has finally made its move into the land down under, Australia, as well as New Zealand with the launch of its first dedicated websites outside of Europe. The new websites offers tailored editorial content to its local shoppers, offering items according to their seasons as well as prices in local currencies and sizing....

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Fashion

Timeline: The rise and fall of Marc Bolland's rule at Marks & Spencer

It is the end of an chapter for British high street department store group Marks & Spencer, as Chief Executive Officer Marc Bolland threw in the towel today with the announcement of his impending retirement. In spite of previous news sources indicating that Bolland intended to remain at the helm of M&S for at least another two years, as he...

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People

Marc Bolland announces departure from M&S amid disappointing Q3

Marks & Spencer's Chief Executive Officer, Marc Bolland, has announced his surprise retirement today from the high street department store group, following disappointing third quarter results regarding a larger than expected decline in clothing sales. Bolland indicated his wish to retire from his role after a six year tenure at the helm of M&S...

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People

Marc Bolland informs Marks & Spencer board he is staying put

Marc Bolland, the current reigning Chief Executive at high street retailer Marks & Spencer has no plans to exit his role for at least another two years, shutting down rumours concerning his future at the department store. The Dutchman has reportedly told the board at M&S that he intends to remain at the helm of M&S, as he believes the positive...

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People

Marks and Spencer clothing boss quits

Marks and Spencer has confirmed that John Dixon, the head of its non-food division, is to leave the business to “pursue career opportunities outside of the company,” and that he will step down from the board with immediate effect and will leave the company on a date to be agreed. The clothing retailer said that Dixon, who is leaving to become...

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Retail

Marks & Spencer returns to Belgium

It was a "memorable day" for Marks & Spencer, according to chief executive officer Marc Bolland. After a fifteen year absence, the department store group has return to Belgium with the opening of its newest store on the Guldenvlieslaan street in Brussels. The 5,000 square meter store is part of the previously presented 'Bricks & Clicks' strategy...

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Business

Marks & Spencer blame warm weather for H1 fashion sales dip

ANALYSIS British department store group Marks & Spencer is the latest UK retailer to warn that unseasonably warm weather has impacted its trading results. The high street retailer reported its 13th consecutive quarterly decline in general merchandise and clothing sales for the 26 weeks ended 27 September, 2014, blaming its poor results on warm...

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Design

Marks & Spencer filches Tesco's Internet Retailing boss

Carl Dawson, Tesco's chief information officer for internet retailing, has been tapped bydepartment store group Marks & Spencers as its new IT director. Dawson is set to oversee all M&S online digitals projects, as the group renews its systems to improve its e-commerce. He will report to the group's chief finance officer, Paul Friston, who holds...

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Design

M&S's Marc Bolland takes a 26 percent pay cut

Chief Executive Officer at British department store group Marks & Spencer, Marc Bolland,has taken a 26 percent pay cut, as pressure mounts to improve general merchandising sales following the group's third consecutive decline in annual profits. In the annual report, which was released on Thursday, it emerged that Bolland was paid a total of 1.58...

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Design

M&S to open 250 new international stores over the next three years

British department store group Marks & Spencer has announced plans to expand its international division by opening 250 new stores outside the UK over the next three years. The international growth strategy is set to be fueled by focusing on expanding M&S's food business and increasing franchise operations, with the global expansion plans being...

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Fashion

Marks & Spencer returns to The Netherlands

Today marks the opening of M&S department store in The Hague, The Netherlands. Located on the busy high-street, de Grote Marktstraat, the 52,000 square foot store spans three floors and includes a 7,500 square foot food hall, making it the largest M&S store in the EU outside of the UK. M&S open new flagship store in The Hague The opening of the...

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