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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....
...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....
...Ocado has threatened legal action against Marks and Spencer as the two retailers clash over a final payment tied to their online joint venture....
...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”....
...ECB vice-president Luis de Guindos told Le Monde in an interview published on Tuesday that this was now a “fait accompli” as long as price pressures remained in check....
...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....
...The S&P Global PMI index was revised up last week but that left it unchanged at 47.6, remaining well below the 50-mark that separates contraction from expansion....
...Marks and Spencer has upgraded its profit outlook on the back of robust sales in its clothing and home and food businesses....
...When Marks and Spencer first promised shareholders a revival 20 years ago, bands including Busted were in the UK music charts....
...linen shirt, £190, mrporter.com Luis Morais gold, diamond, and Indian agate beaded bracelet, $1,524 King & Tuckfield sustainable cupro wrap blazer, £585 Gucci leather-trimmed straw fedora, £470 SMR...
...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....
...All of which brings us back to M&S’s own nightmare before Christmas....
...By comparison, the S&P 500 rose more than 24 per cent over the same period....
...Many in the gaming industry expected it to bounce back quickly after 2022’s post-pandemic decline, but last year did not deliver the growth they hoped for....
...M&S’s operations director Sacha Berendji said it believed the levelling-up minister “wrongly interpreted” planning policy....
...London’s unfancied FTSE 100 index, which rose just 3.8 per cent this year against a 24 per cent jump in Wall Street’s S&P 500, was also home to high-street mainstay Marks and Spencer, which took the third...
...It also misses certain other nuances, such as companies (eg Marks & Spencer) that fell out of the index then got back. To which you might say “why bother at all?”...
...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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