Hints and tips:
...Former chief executive Steve Rowe stepped down last year and was succeeded by Stuart Machin, who oversaw the group’s food business....
...Bickerstaffe and Machin were promoted from joint chief operating officers by chair Archie Norman after former boss Steve Rowe announced plans to quit....
...“These data will support the hawks” at the ECB, said Tomasz Wieladek, an economist at investor T Rowe Price....
...Machin has been spearheading a turnaround of the chain, kick-started by his predecessor Steve Rowe, in tandem with chair Archie Norman and co-chief executive Katie Bickerstaffe....
...M&S chief executive Stuart Machin, who succeeded Steve Rowe, has been spearheading a turnaround of the chain in tandem with chair Archie Norman and co-chief executive Katie Bickerstaffe....
...M&S’s chair Archie Norman said Tonge had made a “great contribution” to the “transformation” of M&S....
...M&S’s chair, Archie Norman, said Tonge had made a “great contribution” to the “transformation” of M&S....
...“Steve has been a magnificent servant of M&S,” said chair Archie Norman....
...Norman said on Wednesday that it was “nice to be making some money again” while Rowe added that a number of factors had prompted the large upgrade from the August guidance....
...The pandemic gave Norman the opportunity to accelerate the pace of change....
...We buy low and sell high,” said Scott Livingston, global head of ETF product at T Rowe Price....
...The group reported £16m of costs linked to what Steve Rowe, chief executive, called the “horrific” administrative burden of Brexit, which was particularly affecting supplies to stores in Ireland, France...
...It is almost three years since retail kingpin Archie Norman lined up as chairman alongside Mr Rowe. More than two since they pledged “sustainable, profitable growth in three to five years”....
...The group’s existing transformation plan was launched by chief executive Steve Rowe in 2016 and expanded in 2017 when Archie Norman became chairman....
...The performance continues a pattern of slow recovery in the key clothing business despite three years of restructuring under Mr Rowe and retail veteran Archie Norman, who joined as chairman in 2017....
...M&S is almost three years into a recovery plan instigated by Mr Rowe, which was significantly expanded and accelerated once Archie Norman, a retail turnround expert, was appointed chairman in 2017....
...They include products from Fidelity and T Rowe Price; Blue Tractor group’s ETF, which it hopes to launch at the end of the year; and Precidian’s proprietary ActiveShares model....
...So far there have been few signs of recriminations between Mr Norman and Mr Rowe, a life-long M&S employee....
...One-off costs have been a feature of M&S results in recent years as chairman Archie Norman has pushed through a painful restructuring programme that will involve more than 100 larger stores closing or relocating...
...Mr Rowe and M&S chairman Archie Norman have been significantly bolder than their predecessors....
...Mr Singer did not respond to a request for comment while M&S declined to elaborate on its initial statement, in which chief executive Steve Rowe said that Mr Singer had been “a huge asset” to the company...
...Ms McDonald was brought in to inject new life into company’s ailing clothing arm in October 2017 after she was poached from car parts and bike company Halfords — the same year chairman Archie Norman was...
...Chairman Archie Norman has previously said he would be unconcerned by the prospect of a spell in the mid-cap FTSE 250 index....
...Steve Rowe, chief executive of M&S, said it would be “enormously helpful to have his experience, wisdom and insight on the board”, while chairman Archie Norman — with whom Mr King worked at Asda in the 1990s...
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