Marks & Spencer PLC
2 February 2001
2 February 2001
MARKS & SPENCER AND GEORGE DAVIES ANNOUNCE
LAUNCH OF NEW WOMEN'S FASHION COLLECTION
Today we announce an exciting development for Marks & Spencer.
George Davies will design, manufacture and supply a new women's fashion
collection exclusively for Marks & Spencer. His new collection will be aimed
at the fashion-conscious woman who defines herself by attitude, not age.
We will launch the range in October in up to 100 stores within specially
refitted areas of about 2,500 square feet.
George Davies has an outstanding track record in fashion clothing, having
conceived and created two successful businesses, on the high street for Next
and edge of town for ASDA. As Chief Executive of his new business, he will
break new ground with a supply chain to deliver exceptional speed and
flexibility.
With this announcement and the appointment earlier this week of Yasmin Yusuf
as Creative Director, Marks & Spencer has taken two major steps to strengthen
its position as Britain's leading clothing retailer, offering desirable, quality
products in attractive, accessible and easy-to-shop stores. These moves
underline Chairman & Chief Executive Luc Vandevelde's commitment to improve the
design and appeal of our clothing ranges.
George Davies said, 'I have always been an admirer of Marks & Spencer and the
quality of its products. I passionately believe in this business, and I'm
delighted to be working with Luc and Roger and their team.'
Roger Holmes, Managing Director UK Retail said, 'We are delighted that George
Davies, who has a fantastic reputation in building fashion businesses, has
chosen to supply exclusively to Marks & Spencer. This agreement will enable us
to grow share in an important part of the market, while allowing the Marks &
Spencer team to focus on our classically stylish customer by producing quality
products at great value.'
The new company, which will be owned and directed by George Davies, will
share the same commitment to quality and ethical trading standards that
Marks & Spencer is known for.
Graham Oakley
Company Secretary
Contacts
Corporate Press Office 020 7268 6656
Investor Relations 020 7268 4195
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