Newspaper article The Evening Standard (London, England)

City Spy

Newspaper article The Evening Standard (London, England)

City Spy

Article excerpt

MUCH speculation inside Marks & Spencer's headquarters as to who will be the next high-ranking executive to quit.

The departure of Yasmin Yusuf as creative director has set tongues wagging. Under Stuart Rose it seems, no name, however big, is safe. Fingers are pointing towards Maurice Helfgott, director of menswear, childrenswear and home. Childrenswear continues to be a major source of concern while the fanfare surrounding the retailer's push into home furnishing under Vittorio Radice is now a distant memory.

Radice has gone, with his brief being added to Helfgott's enormous portfolio. Radice's Lifestore concept has been rebranded Your M&S Home. The new name is said to be as unappealing to customers as it sounds: the recently opened South-East flagship Your M&S Home store (it was due to be a Lifestore and had to undergo a hasty refit) in Kingston-Upon-Thames, is thought to be severely under budget.

HOW long will Miles Templeman stay at the Institute of Directors? It's a question being asked by those who know the energetic and permanently-in-a-hurry Templeman, and also have an inkling of the decidedly lacklustre organisation he is joining as director-general.

Templeman is very much his own man, a branding and marketing star (he propelled Stella Artois and Boddingtons to the top of the beer charts) but also something of a maverick, not prone to waiting for others to catch up.

The idea of the restless Templeman sitting through interminable committee meetings and attending endless receptions is causing mirth among his pals.

His appointment to the IoD may prove inspired or very short-lived. Which it's to be remains to be seen- ANOTHER business dynamo sending some of his friends' eyebrows skywards is Michael Spencer. They all know, of course, where the political affiliations of the avowedly Tory Icap boss lie, but his latest role, heading the anti-euro "No" campaign in succession to former Dixons chairman Sir Stanley Kalms, has made them ask where it will all end for "Spence". …

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