M&S home gets new boss as Price returns
Marks & Spencer is to have a new head of clothing and home, with Richard Price returning to the chain.
Price, the current chief executive of Tesco’s F&F clothing and home brand is to be md of clothing and home at M&S next year once a joining date is resolved.
Price previously worked at M&S from 2005 to 2012, becoming menswear director. He then ran BhS from 2012 to 2015.
‘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,’ he says.
‘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,’ says Steve Rowe, M&S chief executive.