Marks & Spencer (M&S) has concluded the 52 weeks ended March 29, 2025, by achieving its third consecutive year of growth across sales, market share, profit, and return on capital. M&S's sales rose by 6.1 percent to 13.9 billion pounds and pre-tax profit increased by 22.2 percent to 875.5 million pounds, representing the highest figure in over 15...
21 May 2025
British retailer Marks & Spencer (M&S) has launched an exclusive design collaboration with London-based luxury nightwear designer Olivia von Halle. The 10-piece capsule collection marks M&S’s first-ever nightwear collection and celebrates Olivia von Halle’s unique in-house designed prints, alongside M&S’s loungewear designs, with the nightwear...
8 Apr 2025
British retailer Marks & Spencer has announced its biggest-ever investment in UK retail pay from April 1, committing to a record 95 million pounds. The move marks the biggest investment M&S has made in its retail pay offer and the third consecutive increase since Stuart Machin became chief executive in 2022, despite new cost pressures from the...
5 Mar 2025
British retailer Marks & Spencer has unveiled its first-ever cross-business underwear campaign spanning across womenswear and menswear as it looks to cement its market-leading position in women’s and men’s underwear. The ‘Make an Understatement’ campaign launches on Thursday, February 20, and is part of the retailer’s continued drive to change...
19 Feb 2025
Marks & Spencer (M&S) has bolstered its international leadership team with three key appointments. Manish Kapoor will join M&S India as managing director in April, transitioning from his role at Pepe Jeans. Victoria Jones, formerly of Clarks, has already assumed the position of commercial director, international. Richard Davies has been promoted...
17 Feb 2025
British retailer Marks & Spencer has appointed former Boohoo Group chief executive John Lyttle as its new managing director of clothing, home and beauty as it looks to evolve its leadership team “to deliver the next phase” of its transformation. Lyttle joins the retailer with extensive retail and transformation experience, spending five years at...
6 Feb 2025
For the first six month period, Marks and Spencer (M&S) recorded a pre-tax profit increase of 17.2 percent to 407.8 million pounds, while statutory pre-tax profit rose to 391.9 million pounds. The company’s clothing & home sales increased 4.7 percent, with LFL sales up 5.3 percent. Sales growth improved by 8.1 percent in the second quarter, with...
6 Nov 2024
London-based fashion designer Bella Freud, known for her playful handwritten slogans, has unveiled a collaboration with British retailer Marks and Spencer. The exclusive collection, launching in select M&S stores and online from today, October 17, features her witty take on fashion with a range of jumpers, women’s ready-to-wear and tailoring, as...
17 Oct 2024
Amazon's recent announcement mandating a return to office for its corporate employees from January 2025 has received mixed reviews from the technology sector. However, the repercussions of this decision may extend far beyond the confines of Silicon Valley, potentially reshaping the broader retail landscape. The e-commerce behemoth's push for...
19 Sept 2024
British retailer Marks & Spencer has unveiled a summer capsule collection with Sienna Miller, following a successful partnership with the actress in September 2023 when she fronted its autumn womenswear campaign. Launching in 30 stores and online on June 6, the collection aims to “redefine style perceptions and inspire existing and new customers...
5 Jun 2024
Marks and Spencer Group (M&S) has announced the appointment of Alison Dolan as chief financial officer. Dolan, the company said in a statement, will take over from interim CFO Jeremy Townsend who will remain in post as planned until May 2025. Commenting on the new CFO appointment, Stuart Machin, the company’s chief executive officer said: “We...
30 May 2024
For the full year, Marks and Spencer Group (M&S) reported profit before tax and adjusting items of 716.4 million pounds and statutory profit before tax of 672.5 million pounds, while group sales improved 9.4 percent to 13.1 billion pounds. UK clothing & home sales were up 5.3 percent during the year under review with adjusted operating profit...
22 May 2024