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Eric Musgrave

Drapers Talks: M&S changes, retrospective discount laws and Chinese currency devaluations

Drapers editorial director Eric Musgrave discusses the changes at M&S after the departure of womenswear director Frances Russell this week and suppliers’ calls for retrospective discounts to be outlawed to prevent “bullying” by big multiples and department stores. He also looks at the impact of the three successive Chinese currency devaluations this week on retailers and brands trading with the country.