Marks & Spencer announces new Clothing & Home Managing Director
Marks & Spencer announces that Richard Price, currently CEO of F&F Clothing, Tesco PLC, has been appointed to the role of Managing Director, Clothing & Home.
Steve Rowe, CEO said, “Richard’s career spans some of the UK’s top clothing brands and he has a proven track record of delivering growth through stylish, great value product. We are building a team of world class talent in Clothing & Home and, with Richard coming on board, I am confident that the speed and scale of the transformation of the business will accelerate.”
Richard Price said, “Marks & Spencer Clothing & Home is a great business which still has strong brand affection and huge potential. I left the business because I felt it was drifting in the wrong direction but now feel we have a real chance to make it special again. The new team has already started to improve product and value and I am looking forward to working with them.”
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Richard will join M&S next year and a start date will be confirmed in due course.