While M&S shares have been fairly flat over the year – chief executive
First quarter sales, also released today, are likely to show trading in general merchandise, which includes home textiles, will drop 1.7pc, significantly lower than the 0.6pc fall in the previous quarter.
At the heart of their concerns will be whether Bolland has the right team in place to transform its fortunes. He has a new line-up in the troubled fashion business in the form of clothing chief
But Bolland has also haemorrhaged some top people, many of whom had been with the business decades.
Some of his critics claim he struggles to make decisions and can rub colleagues up the wrong way.
But few of
At Tesco chief executive
While Bolland is not paid to make friends, the musical chairs at M&S seem to be playing more than most at similar firms.
But few from the exodus have gone on to greater things.
A day after Bolland arrived in
He went on to head pubs group Punch, and jumped ship less than a year after splitting the business in two and talking the helm at the demerged
Only recently has the Punch side of the business come onto surer footing having flirted with administration.
The next most high profile, and protracted, departure was probably
Her tenure was short lived after she became embroiled in an ageism row and left after a few months.
Robertson put her departure of his youth fashion brand down to a 'time of life' issue.
She has since taken on a much smaller role as chief executive of women's retailer Coast.
Amid much fanfare former Victoria's Secret chief creative officer
The firm had boasted of her 'stellar retail pedigree' saying she competed its re-vamped clothing team at the time.
But just three months after joining the business the so called Knicker Queen unfastened herself from M&S.
Sources suggested there were differences regarding her expected responsibilities.
Her departure was a major embarrassment for Bolland – as is the recent defection of
She will add the entire 800 UK store network to her responsibilities.
It is the first time in M&S's history that a female executive will run the retail business and bodes well for her future.
The former Tesco director masterminded M&S's new website and her new duties will mean this is more connected with the physical store network.
Wade-Gery has an impressive track record.
The no-nonsense multi-channel boss read history at Oxford, graduating in 1986, and then followed in the footsteps of
She featured as the heroine in his book Xanadu.
In 1987 she joined Kleinwort Benson and ten years later Tesco where she rose to chief executive of Tesco.com.
Exactly three years ago she was poached by Bolland and has masterminded shifting the firm's move off Amazon's technology platform to a bespoke M&S website.
Ironically it's this transition, where customers have to navigate around a new website and re-register their details, which will be blamed for today's disappointing update.
According to Dalrymple, referring to his travels with Wade-Gery, she single-handedly saw off a
Shareholders might want to bear this in mind when holding the board to account at
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