Skip to main content

Marks & Spencer Snags Sourcing Execs From Rival Next

British retailer Marks & Spencer (M&S) has appointed two former Next Retail Ltd. executives to work as sourcing directors for general merchandise.

According to Sky News, brothers Mark and Neal Lindsey, who oversaw the growth of Next Sourcing Ltd., will be responsible for clothing and footwear at M&S

The brothers played an important role in assisting rival clothier Next’s rise to prominence on the U.K.’s high street, according to Sky News.

M&S has been struggling with its general merchandise division and the retailer reported in early January that like-for-like sales for the third quarter were down 2.1% for the thirteen weeks that ended December 28–the tenth straight quarterly drop in the general merchandise category.

The company cited unseasonably weather in 2013 as the cause for lackluster performance and has been working toward a turnaround, bringing in a new team, improving operational execution and refocusing on product quality and style.

M&S hopes to see the Lindsey brothers boost margins, help streamline the company’s supply chain and lead the turnaround of its general merchandise business.