John Dixon, the head of Marks and Spencer’s food business, has been moved to lead its general merchandise arm in a management reshuffle sparked by the departure of non-food boss Kate Bostock.
Dixon, who will take his new role on 1 October, will be replaced as executive director for M&S’s food division by retail director Steve Rowe.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The change was prompted by the exit of M&S executive director for GM Kate Bostock “by mutual consent”. There has been speculation about Bostock’s future since chief executive Marc Bolland joined M&S two years ago. Bostock was seen as a potential successor for previous boss Sir Stuart Rose.
Bostock’s departure was announced as M&S reported falling first-quarter sales on the back of a weak performance in clothing.
Like-for-like food sales increased 0.6% in the 13 weeks to 30 June. Bolland said M&S’s food division had “again performed strongly”.
Click here for further in-depth coverage of M&S’s management shift
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
