Steve Rowe and Clothing Business

Marc Bolland: Related:Steve Rowe: new M&S boss is company lifer who made his mark in food Rowe, who has spent 25 years at M&S, must stop the rot at the high-street grand dame where clothing sales have been falling for three years, according to The Guardian. And it is not just discerning consumers who need to be won over. On Saturday Steve Rowe takes over from Marc Bolland as chief executive of Marks & Spencer and inherits one of the biggest jobs in British retail. Rowe, who ran the retailer clothing and homeware business, will face the City for the first time on Thursday when M&S is due to report on another weak quarter for its clothing business. But while its food halls throng with shoppers, clothing is still the problem child. During his six-year tenure, Rowe predecessor dragged M&S into the 21st century, modernising its ancient supply chain and embracing the internet. (news.financializer.com). As reported in the news.

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