Marks and Spencer Group plc (MKS.L)
- Simply Wall St.
Marks and Spencer Group (LON:MKS) stock falls 3.4% in past week as five-year earnings and shareholder returns continue downward trend
We think intelligent long term investing is the way to go. But along the way some stocks are going to perform badly. To...
- The Telegraph
M&S battles to retain shoppers amid ‘apocalyptic’ price rises
A year and a half after taking the helm at one of Britain’s oldest brands, Steve Rowe admitted he was still “putting out fires”.
- Reuters
Factbox-Who is Stuart Machin, M&S's new CEO?
On Wednesday, Steve Rowe will step down as chief executive of Marks & Spencer after six years, ending a 39 year career at the British retailer. He will be succeeded in one of the most high profile jobs in British business by M&S's food boss and joint chief operating officer Stuart Machin, who will become chief executive and take on responsibility for day-to-day leadership of the business and executive committee. An unconventional leadership structure will see Machin backed up by co-chief executive Katie Bickerstaffe and finance and strategy chief Eoin Tonge.
