M&S aims to launch banking and loyalty ‘superapp’ in long-term commitment to financial services March 17, 2024 Marks & Spencer (M&S) is reportedly close to a seven-year agreement with HSBC to overhaul its banking division as a financial services and loyalty "superapp".
City rumour mill grinds around possible mega private equity offer for Marks & Spencer November 22, 2021 As shoppers prepare for a black Friday spree, the bargain hunt for good value UK companies continues for private equity firms. The rumour mills are now grinding around a possible bid by Apollo Global Management for UK high street staple Marks & Spencer, sending shares 3 per cent higher in early trade. The New York-based private equity giant [...]
‘This is nonsense’: M&S hits back at shareholder group over digital AGM concerns July 2, 2024 Marks & Spencer has hit back at a top shareholder group today after it claimed the company was restricting the voice of investors by holding a “digital first” annual meeting for a second year running.
Marks & Spencer stores stop selling suits as shoppers opt for casual wear August 31, 2021 More than half of Marks & Spencer stores across the country have stopped stocking suits as office working falls out of fashion. Just 110 out of the retailer’s 254 clothing stores are still selling suits as consumers opt for more relaxed outfits in the wake of coronavirus lockdowns. Shoppers bought 2m men’s suits in the [...]
It’s gin time: Aldi faces off with Marks and Spencer in court over light up bottle January 23, 2024 Aldi and Marks and Spencer are back in court today for round two of their fight over a light up gin bottle with gold flakes. Marks and Spencer launched an intellectual property legal action against discount supermarket rival Aldi back in 2021 over a gin. Marks and Spencer introduced a new line of gin based [...]
Marks and Spencer: How the high street darling keeps breaking the internet May 20, 2024 Marks and Spencer is set to report its results this week and the market is expecting a strong showing from the retailer.
Marks & Spencer chair: More young faces are needed on company boards May 1, 2021 Archie Norman, chairman of Marks & Spencer, has said company boards are “made up of old people”, and as a result are not able to keep pace with disruptive, smarter and faster technological advances. Norman, who is also chairman of Signal AI, an artificial intelligence-powered public relations platform, and special advisor to Lazard Bank, said [...]
What’s going on between Ocado and Marks and Spencer? March 1, 2024 Online grocer Ocado and retail giant M&S are currently embroiled in a dispute over a final payment related to their online food joint venture.
Marks and Spencer’s chairman Archie Norman: Plans to ease post-Brexit trade ‘overbearing and baffling’ January 26, 2023 Marks & Spencer’s chairman has become the latest business leader to criticise the Government’s economic policy, with Archie Norman calling plans to ease post-Brexit trade “overbearing” and “baffling”. Norman, who is also an ex-Conservative MP, has urged the Foreign Secretary during talks with the EU not to consider separate labelling for goods sold in Northern [...]
Marks & Spencer buys Jaeger out of administration January 11, 2021 Marks & Spencer today confirmed it has bought fashion brand Jaeger, which collapsed into administration last year. The retailer has agreed to take over the Jaeger brand, and is finalising terms to buy up stock and marketing assets. The deal will not include any stores, and it is unclear whether any jobs will be saved. [...]