Marks & Spencer boss Marc Bolland is quitting the retailer and will and hand the baton to executive director of general merchandise Steve Rowe.
Following a “disappointing” Christmas in its general merchandise division, M&S boss Marc Bolland is to exit. This is what the analysts said.
Some might criticise him as a ‘lifer’ but Steve Rowe’s visceral connection to Marks & Spencer will be a big plus for the chief executive role.
River Island has gone outside of the family to appoint its new chief executive.
With all the recent activity, it seems a good time to review the role of founders in retail brands and when, if ever, they should step aside.
It is often said that the key to succeeding in digital commerce is the ability to create value from your data.