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...The Dutch-listed company, which has market value of €10.3bn, is turning to former Marks and Spencer chief executive Luc Vandevelde to be chair and interim chief executive, according to people with direct...
...One of the main architects of Marks and Spencer’s turnaround has credited its efforts to break the “vicious circle” of sticking with ageing customers for helping to revive the UK high street stalwart’s fortunes...
...Under M&S’s proposals, three existing buildings would be demolished to make way for a nine-storey development, including a new M&S store, restaurants, offices and a gym....
...A Marks and Spencer superapp would be catnip for investors and Middle England alike. Little wonder that a report claiming it was on the cards sparked the odd frisson....
...It’s not as quirky and eclectic as contemporary fashion labels Ganni or Lisa Says Gah, but presents itself as a bit more artsy than British brands such as Rixo, Kitri and Olivia Rubin....
...Marks and Spencer co-chief executive Katie Bickerstaffe is stepping down after less than two years in the role, leaving Stuart Machin as the sole boss of the UK retailer....
...The remarks are an echo of those by Marks and Spencer’s chief executive Stuart Machin, who has described his team as “always positively dissatisfied”....
...Ocado has threatened legal action against Marks and Spencer as the two retailers clash over a final payment tied to their online joint venture....
...Marks and Spencer has become the latest UK retailer to increase wages as large supermarket groups continue to battle to retain workers....
...Marks and Spencer is to pay a dividend for the first time since before the pandemic as bumper food sales powered the UK retailer to a better than expected first-half profit....
...Marks and Spencer has won a legal challenge in the High Court against Michael Gove’s decision to stop the retailer from knocking down its Art Deco flagship store on London’s Oxford Street....
...Tesco and Marks and Spencer have emerged as two of the winners from the crucial Christmas trading period as their range of premium foods drove strong sales....
...“I know I’m in a precarious position but even if mortgage rates fall, I think there will be a lag before that feeds through to greater demand,” he says....
...“The relentless M&A and the de-equitisation, the lack of refilling the hopper is starting to bite quite hard,” he said. “I’m not convinced the IPO market is going to open soon.”...
...Marks and Spencer has upgraded its profit outlook on the back of robust sales in its clothing and home and food businesses....
...The annual boondoggle in the Crescent City is the perennial opportunity to take the pulse of M&A activity....
...When Marks and Spencer first promised shareholders a revival 20 years ago, bands including Busted were in the UK music charts....
...Marks and Spencer is making a return to the FTSE 100 four years after it dropped out, in the latest sign of the changing fortunes of the UK retailer....
...Me Libérez Pas, Je m’en Charge (€19.50) is a dense, velvety red, a riff on self-empowerment. On Se Lève et On Se Casse!...
...All of which brings us back to M&S’s own nightmare before Christmas....
...I’m deeply in thrall to this arcane, transformative power of the ribbon....
...The last item of clothing I added to my wardrobe was a Marks & Spencer navy tracksuit....
...M&S’s operations director Sacha Berendji said it believed the levelling-up minister “wrongly interpreted” planning policy....
...Marks and Spencer has launched a legal challenge in the High Court against Michael Gove’s decision last month to stop the UK retailer from rebuilding its Art Deco flagship in London’s Marble Arch....
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