Wednesday, 25 October 2017

Marks & Spencer‎ rocked as‎ clothing chief quits weeks before Christmas trading period

Marks & Spencer‎'s (M&S) clothing chief has resigned just weeks ahead of a crucial Christmas trading period that the City believes will shape the tenure of Steve Rowe, the company's boss.
Sky News has learnt that Jo Jenkins, who has held the role of director of clothing‎ and beauty for just a few months, is to leave to join White Stuff, a privately owned clothing chain.
Her defection will be seen as a bitter blow to Mr Rowe, who took over as M&S's chief executive last year.

He recruited Jill McDonald, who ran the bicycles retailer Halfords‎, as managing director for clothing, home and beauty in May, but her lack of fashion retailing experience has been questioned by City analysts.

Jo Jenkins. Pic: Marks and Spencer
Jo Jenkins

Ms Jenkins was seen as a crucial part of M&S's clothing executive team, but is said to have been disappointed to have been passed over for the role that was handed to Ms McDonald.

A source close to M&S said that Ms Jenkins' departure was expected to be announced shortly and was likely to be brought forward as a result of the leak to Sky News.

SKY      News.