Posts Tagged ‘ GAP ’

Former Marks and Spencer India boss joins local rival

Monday, August 16th, 2010

The man behind the expansion of Marks and Spencer into India has teamed up with a local competitor.

Mark Ashman, who oversaw the establishment of the joint venture in India between M&S and Reliance Retail, will become the chief executive at Hypercity in the autumn.

Hypercity is a rapidly growing local chain that has since 2006 sold Waitrose products to millions of Indians under an exclusive supply agreement. Waitrose and M&S are already renowned for their UK rivalry, and now the battle has spilled over onto the subcontinent the focus is firmly on India as a producer.  Last year, Mark Price, Waitrose’s chief executive and Sir Stuart Rose, the chairman of M&S, became embroiled in a public slanging match over which company’s products were cheaper.

Mr Ashman held the role of chief executive of Marks & Spencer Reliance Retail, which, in collaboration operated 18 stores across India, with 15 more set to open over the next two years. The partnership said that there will be an estimated 50 M&S stores in the country by 2015. Ashram had left his position in April to return to Britain to lead M&S’s European and Middle Eastern operations. He was wished all the best for his new role by his former employers.

Meanwhile, rival Hypercity operates seven hypermarkets across India, with the group being part owned by another of India’s leading retail organisations Shoppers Stop. The country has had its fashion production industry come increasingly under the media spotlight in recent months, as allegations of poor working conditions have led high street retailers such as Next and Gap to launch independent investigations.

UK high street stores investigating allegations of sweatshops in India

Monday, August 9th, 2010

Several of the leading British fashion retailers are launching inquiries into allegations of substandard working conditions in India.

The move comes at a time when the same high street stores, including Marks and Spencer, are embroiled in a wage dispute crisis in Bangladesh that has seen garment workers stage violent protests.

Marks and Spencer has been joined by other well-known stores Next and Gap in launching investigations into their Indian suppliers, after allegations have emerged that young children have been left unattended as parents work in factories on the outskirts of the capital Delhi. According to a report by the London Observer, the fashion houses are responding to claims that these factories have been using middlemen to hire workers for just 25p per hour for Next and Gap, and 26p per hour at for Marks and Spencer. Some workers have also alleged that they have been paid under half of the legal overtime rate.

The trio of retailers have each pledged to end the practice of reportedly excessive overtime which Indian labour laws states is a clear breach of the ethical trading initiative (ETI). The three have apparently advised the Observer that abuses in their supply chains would not be tolerated and that they are 100 per cent committed to ethical trading.

While Marks and Spencer has stated it has not as yet been presented with the appropriate evidence to support the allegations, Gap has advised that it had discovered irregularities with wage violations and ordered its supplier to pay the appropriate compensation to those affected immediately.

High street spending continues to slow

Friday, June 25th, 2010

High street shops have again suffered a slump in sales.

For the second consecutive month, retailers such as Marks & Spencer, H&M, Gap, Thomas Cook, Tesco and Sainsbury’s combined to record an additional downturn.

To compound matters, economists have warned Chancellor George Osborne’s tough budget will result in further cuts to consumer spending.

In the latest monthly retail survey from market analyst CBI, figures fell by five per cent in June, well short analyst’s forecasts of positive 5 per cent growth. June spending continued the trend seen in May, where a surprisingly weak rate of -18% per cent was experienced. CBI did suggest that the World Cup would offer retailers a limited respite, as will the predicted spending rush on before the VAT hike in January, but that overall the retail growth outlook remains tepid.

The survey, polled respondents from May 29 to June 10, the beginning of the World Cup, revealed that the largest spending downturn in June was in leather goods and footwear, with hardware and DIY supplies also suffering. The areas that did show increased spending were around the football tournament in South Africa, with food, drinks and television sales all up.

Despite the poor results and gloomy forecast, retailers remain optimistic that a rebound will be seen in July, and many are relying on higher consumer spending in the second half of the year before the VAT is raised from 17.5 per cent up to 20 per cent in January. The British Retail Consortium, however, has warned that the rise will cause job losses and a rise in inflation.

Milan Fashion Week marred by model suicide

Tuesday, June 22nd, 2010

The face of Burberry has leapt to his death in Milan.

Tom Nicon, 22, the French male model who has been the front of Hugo Boss, Louis Vuitton, Versace and Burberry campaigns, died after falling from his fourth floor apartment on Friday according to police reports.

Nicon was in Milan as part of the prestigious Milan Fashion Week which began on Saturday, and had attended a Versace fitting just hours before he was found dead outside his building, after his modelling agency, Success, searched for him following his no-show at a meeting.

Sources close to the model have suggested that he had been battling depression since he broke up with his girlfriend, which police described as a complicated affair. Authorities are treating the death as suicide and the organisers of the fashion shows said they would proceed as a tribute to the model.

Nicon’s death is another in string of suicides that have beset the fashion industry over recent months. In February, Alex McQueen, who this week had his ashes scattered in Scotland, took his life while in London after allegedly being unable to cope with the passing of his mother. In May, Noemie Lenoir, the French model who was the UK face of Marks & Spencer, attempted to commit suicide in a Parisian forest before being found by a member of the public. South Korean Daul Kim, 20, who had fronted campaigns for Gap, Chanel, Vivienne Westwood and Karl Lagerfeld, hung herself last year after another apparent battle with depression.

French model Noemie Lenoir in failed suicide attempt

Thursday, May 13th, 2010

Noemie Lenoir, the stunning French supermodel know for M&S adverts, is recovering in a Paris hospital after an alleged suicide attempt.

Lenoir, who has become a household name in the UK, apparently tried to kill herself while at the house of her former boyfriend, French footballer Claude Makelele, by a potentially lethal combination of alcohol and pills.

Lenoir is most well-known as the £10 million former face and body of Marks & Spencer. Lenoir, 30, has also fronted fashion campaigns for Next, Victoria’s Secret, l’Oreal and Gap. She is presently in a high-profile relationship with Carl Hirschmann, the controversial Swiss millionaire.

The model was discovered near the home of Makelele, in a forest on the outskirts of Paris. It is believed that she had been drinking a large volume of alcohol – thought to be spirits – and taken several types of drugs while she was staying at the footballer’s home, though no details of exactly what was taken have as yet been released. Makelele, at the time, was in Paris to accept a footballing lifetime achievement award.

Earlier in the evening, Lenoir had telephoned an ambulance, advising operators that she had become very ill, but then called back to cancel the dispatch. She was later seen heading groggily in the direction of the woods, where she was found by another passer-by who was out for a walk with his dog.

She later regained consciousness at the hospital, but is still showing signs of what medical staff described as an obvious attempt to hurt herself.