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JAB Holdings Ltd
JDE Peet’s replaces CEO and chair with ex-M&S boss Luc Vandevelde
...The overhaul marks the latest big change inside the empire of JAB, the European investment group best known for its ownership of Pret A Manger, Coty and Krispy Kreme....
March 8, 2024
InterviewMarks & Spencer Group PLC
Breaking the ‘vicious circle’ of ageing customers: Archie Norman on turning around M&S
...M&S has benefited from the collapse of several key high-street competitors in recent years — department store Debenhams and retail group Arcadia, which owned the Topshop, Burton, Evans and Wallis brands....
November 11, 2023
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
The Aesthete
Bryce Dallas Howard talks taste
...The works of art that changed everything for me were two retrospectives – Mark Rothko at The Whitney in 1998, and Jackson Pollock at MoMA the same year....
January 26, 2024
News updates from February 8: S&P 500 breaks through 5,000, Zelenskyy appoints new top general
S&P 500 breaks through 5,000 to mark fresh record for US stocks
...This post has been amended to correct the percentage increase in the S&P 500 on Thursday...
February 8, 2024
News updates from February 9: S&P 500 finishes above 5,000, Sunak notches capital gains of £1.8mn in 2023
S&P 500 breaks through 5,000 to mark fresh record for US stocks
...This post has been amended to correct the percentage increase in the S&P 500 on Thursday...
February 8, 2024
Letter
Letter: Current package of half measures can’t cure Africa’s debt crisis
...Evans Osano Director, Capital Markets, FSD Africa...
January 26, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
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
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
...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....
March 1, 2024
US equities
S&P 500 reaches 5,000 to mark record for US stocks
...This story has been amended to correct the percentage increase in the S&P 500 on Thursday...
February 8, 2024
News updates from December 1: S&P 500 closes at 20-month high and gold hits record despite rate cut pushback from Powell, Israel resumes fighting against Hamas
S&P 500 marks highest close since March 2022
...The S&P 500 has yet to eclipse its intraday high for 2023, which was reached in July. The Nasdaq Composite rose 0.6 per cent on Friday to a four-month high....
December 1, 2023
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
Private credit
On your marks . . .
...(The Borg has quoted a JPMorgan exec predicting $30bn in secondary-market transactions this year, which would nearly double 2022’s $17bn.)...
March 27, 2024
News updates from February 8: S&P 500 breaks through 5,000, Zelenskyy appoints new top general
S&P 500 notches record high in tech-led rally
...The S&P 500 closed at a record high on Wednesday as tech stocks led a broad rally in the benchmark US index....
February 7, 2024
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
South African politics
South Africa’s bickering opposition fractures ahead of national vote
...“But if they’re coming in the low 40s, it’s a kind of Rubicon mark.”...
April 11, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
News updates from February 7: Netanyahu rejects Hamas ceasefire demand, Disney unveils $3bn buyback
S&P 500 notches record high in tech-led rally
...The S&P 500 notched a record high close on Wednesday as tech stocks led a broad rally in the benchmark index....
February 7, 2024
News updates from February 9: S&P 500 finishes above 5,000, Sunak notches capital gains of £1.8mn in 2023
S&P 500 finishes above 5,000 for the first time
...The S&P 500 briefly touched the 5,000 mark for the first time within the final seconds of Thursday’s session, but was unable to close above the threshold....
February 9, 2024
News updates from February 9: S&P 500 finishes above 5,000, Sunak notches capital gains of £1.8mn in 2023
S&P 500 opens above 5,000 to push further past milestone
...If the gain holds, it would mark the S&P 500’s first-ever close above 5,000. The tech-heavy Nasdaq Composite gained 0.5 per cent....
February 9, 2024
News updates from February 7: Netanyahu rejects Hamas ceasefire demand, Disney unveils $3bn buyback
S&P 500 sets record intraday high as tech stocks lead broad rally
...The benchmark index was up 0.8 per cent on Wednesday afternoon, hovering a few points below the 5000-point mark....
February 7, 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
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
Media
Canal+ confident it can overcome regulatory hurdles as it pursues MultiChoice
...MultiChoice shares rose by up to 5 per cent on Monday, taking their gain since Canal+’s first approach to about 24 per cent....
April 8, 2024
Europe Express
Why the ban on using EU funds for arms could become more flexible Premium content
...This week marks one year since my friend and fellow journalist Evan Gershkovich was wrongfully imprisoned in Russia for doing his job as a reporter....
March 25, 2024
News updates from April 10: US inflation rises faster than expected; KPMG fined $25mn in cheating scandal
Markets update: US stocks down as hopes of Fed rate cuts dim
...The benchmark S&P 500 was down 1 per cent shortly after the opening bell in New York, with particularly steep declines for rate-sensitive real estate stocks....
April 10, 2024
News in-depthTechnology regulation
Blind internet users struggle with error-prone AI aids
...Mark Riccobono, president of the National Federation of the Blind in the US, said that, though lawsuits are needed to protect disability rights, his association tries to work with companies to improve their...
April 7, 2024

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