Wednesday, October 18, 2017

M&S in talks with Next veteran Christos Angelides over senior role

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M &S has reportedly held talks with the former Next product director Christos Angelides around the possibility of having him lead its latest turnaround effort.

According to Sky News, M&S is considering Angelides, who is largely credited with the huge success of Next, as new leader of its failing fashion arm.

He is said to be among a few candidates in the running for a top-tier position underneath recently appointed chief executive Steve Rowe.

Sources have mentioned M&S‘ head of beauty and womenswear Jo Jenkins as another potential contender, alongside other external candidates.


READ MORE: M&S begins hunt for new clothing director


The departure of former menswear and childrenswear director Scott Fyfe has left room at the top levels of M&S, sparking the search for new blood.

Angelides was a senior member of Next for 28 years, before leaving the retailer in an attempt to turn around US fashion retail Abercrombie & Fitch in 2014.

Both M&S and Next have fallen victim to increasingly turbulent times in the fashion sector, with both reporting struggling sales recently.

Despite positive Christmas trading results from M&S that showed growth in its fashion sector for the first time in years, there is still work to do to turn around the fortunes of the retailer.

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