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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....
...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....
...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....
...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....
...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...
...A decade ago, its clothing and food divisions contributed almost equal proportions of M&S revenues. Today, food provides twice the sales, according to data from S&P Capital....
...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....
...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 is on track to re-enter the FTSE 100 after the UK retailer upgraded its annual profit outlook thanks to robust sales, sending shares up more than 7 per cent....
...Waitrose is only slightly ahead of M&S in the grocery market, with a 3.6 per cent market share this month versus the latter’s 3.4 per cent, according to data provider NIQ....
...Big share price moves in Europe today include British food and clothing retailer Marks and Spencer, Danish biotech Genmab and Dutch lender ABN Amro: M&S: Shares in the company rose 9.4 per cent in early...
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