Marks and Spencer has undertaken a strategic shift in its retail approach, reducing prices across multiple product ranges to attract a broader customer base. Stuart Machin, the company’s chief executive,
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Marks & Spencer has named Sean Doyle, chief executive of British Airways, as a non-executive director. The appointment is set to take effect next month and follows recent criticism by
Marks and Spencer has reported a dramatic 99 per cent fall in pre-tax profit for the first half of its financial year, as the high street stalwart continues to wrestle
When Stuart Machin attends M&S board meetings or visits stores, he is clad head to toe in Marks and Spencer apparel. At 55, the chief executive often jokes that he
The past year has seen a wave of digital assaults shake some of Britain’s most recognisable names to their core, exposing vulnerabilities across the UK’s intricate network of outsourced IT
The chief digital and technology officer of Marks & Spencer, Rachel Higham, has decided to step down from her position, according to an internal memo circulated by the retailer. Higham,
The City’s fixation on short-term profits is misguided, according to Ocado Group’s chief executive, Tim Steiner. The grocery and technology group’s head has urged investors to adopt a longer-term perspective
Sosandar, the fashion retailer catering to style-conscious women, has announced a significant reduction in its profit forecast due to the ongoing fallout of the cyberattack on Marks and Spencer, which
Marks & Spencer has launched its first international wholesale fashion partnership, unveiling a collaboration with David Jones department stores across Australia. The British retailer, known for its dependable lingerie, womenswear,
The chairman of Marks and Spencer has delivered a stark warning about the United Kingdom’s capability to combat cyber threats, revealing the retailer sought assistance from the US Federal Bureau
In a significant shift within the British retail landscape, John Lewis has surpassed Marks & Spencer to secure the highest customer satisfaction rating amongst UK retailers, whilst its sister company
Sales growth in Marks and Spencer’s food division has experienced a deceleration over the past quarter as the retailer grappled with the aftermath of a devastating cyber attack. The FTSE
A prolonged cyber-attack forcing Marks & Spencer to suspend its online operations for nearly seven weeks has resulted in significant market share gains for its competitors. The retail giant’s clothing
Marks & Spencer (M&S) is pushing forward with an ambitious expansion plan as the retailer rebounds from a disruptive month-long cyberattack that impacted operations. The company’s strategy includes converting 12
Marks & Spencer has revealed that the recent cyberattack on its systems will cost the company £300 million, dealing a heavy blow to its bottom line and shareholder confidence. The
Marks & Spencer is set to release its annual financial results this Wednesday, as both investors and consumers closely monitor any updates on the impact of the recent cyber-attack. The
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