Marks & Spencer has introduced three senior appointments inside its worldwide division as a part of the retailer’s technique to speed up development abroad.
Victoria Jones has been appointed as Industrial Director for Worldwide Operations. Beforehand holding senior roles at Clarks- most not too long ago as Chief Product & Merchandising Officer- she’s going to oversee the product technique for Marks & Spencer’s worldwide enterprise throughout each clothes and meals, in an effort to capitalise on the strengths of the UK operation.
The retailer has additionally named Manish Kapoor as Managing Director of Marks & Spencer India. Kapoor, previously CEO of Pepe Denims’ Indian division, brings intensive expertise in creating world retail manufacturers and a deep understanding of the Indian market.
Moreover, Richard Davies has been promoted to Worldwide Partnerships Director. Beforehand head of class for manufacturers at Marks & Spencer, he’ll now be liable for unifying the franchise and wholesale promoting fashions underneath a single construction.
All three executives will report on to Mark Lemming, Worldwide Managing Director. Since his appointment final 12 months, Lemming has been main efforts to revitalise the retailer’s abroad operations following a interval of underperformance.
Within the first half of the monetary 12 months, Marks & Spencer reported a ten.3% decline in fixed foreign money gross sales throughout its worldwide division, with working revenue earlier than changes halving.
Lemming commented: “The reset of our worldwide enterprise is targeted on taking the fitting time and actions to construct sturdy foundations for sustainable development. Constructing an skilled world management workforce is a vital ingredient of this plan and Manish, Victoria and Richard will play essential roles, bringing contemporary views on our worldwide reset and future development technique.”
“As we proceed to progress with our technique, I stay assured within the medium and long-term alternative for M&S to drive world development.”
These appointments come as a part of a broader management reshuffle at Marks & Spencer. Earlier this month, the retailer introduced modifications inside its Clothes, Dwelling & Magnificence division, together with the departure of Richard Worth, Managing Director of Clothes, Dwelling & Magnificence, who will step down on the finish of April following a transition interval. Former Boohoo CEO John Lyttle will take his place.
