Will Marsha Buy A Clothing Brand? Rumors To Save Private Brand In Water And Fire

Before the mid term results are about to be released, it is reported that Marks Spencer PLC (MKS.L) M&S CEO Marc Bolland wants to dominate the acquisition of clothing brands to make up for the declining clothing brand business of the British department store giant.

It is said that Marc Bolland is very optimistic about the subdivision of clothing and has the intention of bringing the external brand for the first time for Marsha M&S, which is also an important weight for Marc Bolland to be re elected.

The market has different views on Marc Bolland's intention to merge in the apparel industry. Some analysts say that the takeover may attract some customers to boost the clothing sector. However, analysts have reminded the company that there have been similar initiatives to acquire Per Una, but the effect is not satisfactory at present.

On Wednesday, Marsha's M&S will release its first half results, but Citigroup, Citigroup expects its two quarter sales in the same quarter will continue to decline, or 1.6%, while the same sales in the food sector will increase by 0.3%, which is expected to be 270 million pounds in the first half of the year in the first half of M&S.

Last week, according to British local media, Marc Bolland expressed its wish to remain in office for at least two years to the board of directors. Marc Bolland Bolland told the board that under his leadership, the 3 year revival plan, including restructuring online business and improving supply chain management, has been more effective, and the group profit margin has also improved.

However, in the past few years, Marc Bolland has been very weak in saving the sales of M&S clothing in Marsha. This weakness has been taken by shareholders and become an important basis for them to urge Marc Bolland to step down at an early date.

However, at the end of 2014, Marc Bolland started purchasing experts.

And Neal Lindsey brothers, the purchasing director of the General Merchandise general merchandise department in the British department store, reduced the purchase from third party purchases to the factory directly.

The Lindsey brothers have brought the first profit growth in the past few years to the group. It is reported that the Lindsey brothers' reform of the supply chain will reduce the group's cost of 200 million pounds in 3 years.

Although Marc Bolland is interested in the group

M&S, Per Una and Autograph bought clothing brand such as The White Company, but sources said the decision was difficult to get through the board, so Marc Bolland did not submit the plan to the board.

In addition, the general merchandise department and the clothing department of Marsha general store M&S have changed frequently over the past two years. The group executive John Dixon has just resigned and joined the David Jones Ltd. (DJS) of Australia Department store as chief executive officer.

After John Dixon left, Marsha's M&S group replaced the John Dixon with the executive director of the food department and Steve Rowe, who served the group for more than 26 years.

Subsequently, Marsha general store M&S fired "Frances Russell" as director of women's clothing since 2012, and Jo Jenkins, the former director of the underwear and beauty Department of the group, was promoted to be the key director of women's clothing department to strengthen the whole.

Synergy, tighten management structure and improve decision-making efficiency; moreover, in September 1st, Laura Wade-Gery, multi-channel executive director of Marsha's M&S, began to take a four month maternity leave.

It is alleged that Steve Rowe has submitted a revival plan for clothing and home business to the board.