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JAB Holdings Ltd
JDE Peet’s replaces CEO and chair with ex-M&S boss Luc Vandevelde
...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...
March 8, 2024
InterviewMarks & Spencer Group PLC
Breaking the ‘vicious circle’ of ageing customers: Archie Norman on turning around M&S
...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...
November 11, 2023
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
News updates from March 1: Nvidia closes above $2tn valuation, Gunvor to plead guilty to US bribery charges
Marks and Spencer wins legal challenge against UK government
...Marks and Spencer has won a legal challenge in the High Court against Michael Gove’s decision to stop the UK retailer from rebuilding its Art Deco flagship on London’s Oxford Street....
March 1, 2024
News updates from March 7: Sweden joins Nato; Powell says Fed ‘not far’ from having confidence to cut rates
Marks and Spencer co-chief executive Katie Bickerstaffe to step down
...Marks and Spencer co-chief executive Katie Bickerstaffe is stepping down after almost two years in the role, leaving Stuart Machin the sole leader of the upmarket retailer....
March 7, 2024
News updates from January 11: US inflation edges up more than expected, Chesapeake and Southwestern to combine in $7.4bn deal
Marks and Spencer food and clothing sales rise more than expected
...Marks and Spencer posted a better than expected performance in food and clothing over the Christmas trading period, in a further sign that its turnaround strategy is paying off after years of false dawns...
January 11, 2024
News updates from November 8: Iger pledges another $2bn in Disney cost cuts, Draghi delivers downbeat EU forecast
Marks and Spencer restores dividend as food sales soar
...Marks and Spencer is to pay a dividend for the first time since the pandemic, as the retailer reported a jump in half-year profits driven by booming food sales....
November 8, 2023
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
Lex PopuliMarks & Spencer Group PLC
M&S ‘superapp’ will need a long shelf life
...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....
March 21, 2024
Marks & Spencer Group PLC
Marks and Spencer to pay first post-pandemic dividend
...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....
November 8, 2023
Marks & Spencer Group PLC
M&S co-chief executive Katie Bickerstaffe to step down
...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....
March 7, 2024
Live news updates from August 15: China cuts key lending rate, US retail sales exceed forecasts
Marks and Spencer raises profit forecast
...Marks and Spencer has upgraded its profit outlook on the back of robust sales in its clothing and home and food businesses....
August 15, 2023
Ocado Group PLC
Ocado threatens M&S with legal action over joint venture payment
...Ocado has threatened legal action against Marks and Spencer as the two retailers clash over a final payment tied to their online joint venture....
February 29, 2024
News in-depthJohn Lewis Partnership PLC
How John Lewis and M&S are faring in the battle for Middle England
...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”....
March 16, 2024
FT Alphaville
FTAV’s further reading
...Army At South By Southwest (Defector) — Marks & Spencer’s archive is a window on 20th-century Britain (Economist) — What if China Manufactures a Sugar High?...
March 26, 2024
News updates from March 26: Baltimore road bridge collapses; Trump’s social media business soars in market debut
Risers and fallers in Europe
...and Spencer....
March 26, 2024
UK retail industry
Marks and Spencer to return to FTSE 100 after 4-year absence
...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....
August 30, 2023
FT Live
FTWeekend Festival
Where the FT Weekend paper comes to life
Saturday, 7 September London, UK
Marks & Spencer Group PLC
M&S joins other grocers in raising employees’ hourly pay
...Marks and Spencer has become the latest UK retailer to increase wages as large supermarket groups continue to battle to retain workers....
February 27, 2024
News updates from March 8: US adds 275,000 jobs in February; Bitcoin and gold touch new highs
JDE Peet’s replaces CEO and chair with ex-M&S boss Luc Vandevelde
...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...
March 8, 2024
Marks & Spencer Group PLC
M&S wins legal challenge against government over Oxford Street store
...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....
March 1, 2024
FT MagazineRobert Shrimsley
Christmas comes under threat from the Christmas ad
...I refer to the Marks and Spencer Christmas advert, which, it turns out, poses an existential threat to the spirit of the festival and season — that spirit being whatever matters to the person who is complaining...
November 10, 2023
UK retail results
Tesco and M&S emerge as winners from Christmas trading
...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....
January 11, 2024
News updates from January 11: US inflation edges up more than expected, Chesapeake and Southwestern to combine in $7.4bn deal
Risers and fallers in Europe
...Marks and Spencer: The UK-based store chain fell 4.3 per cent, despite food and clothing sales over Christmas coming in better than expected....
January 11, 2024
News updates from January 2: Drone strike kills senior Hamas leader, Tesla overtaken as biggest EV maker
Risers and fallers in Europe
...Marks and Spencer: The UK food and clothing retailer’s shares rose 2 per cent after BNP Paribas lifted its rating to outperform from neutral....
January 2, 2024
News updates from March 4: US Supreme Court rules Trump can remain on Colorado ballot; aviation regulator finds compliance issues at Boeing
Risers and fallers in Europe
...Ocado: Shares continued on a downwards trajectory, falling 4.3 per cent in early trading, after the UK online supermarket threatened legal action against Marks and Spencer last Thursday....
March 4, 2024
UK retail industry
Surviving UK department stores seek to avoid fate of fallen rivals
...High street rival Marks and Spencer has been closing dozens of unwanted stores to prioritise new branches in more profitable locations....
January 5, 2024
Ocado Group PLC
Ocado investors urged to vote against proposed £14.8mn share award
...The FTSE 100 company, which sells its robotic warehouses to other grocers worldwide and co-owns the eponymous online supermarket with Marks and Spencer, is seeking to change its pay plan as the previous...
April 5, 2024

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