Falling profits and increasingly tough high street trading fuels expectations of a much bolder restructuring plan from M&S.…
M&S boss departs to be White Stuff CEO
Jo Jenkins, who was made Marks & Spencer’s director of clothing earlier this month, is leaving to become chief executive of casual fashion chain White Stuff.…
M&S to hand Hong Kong and Macau business
M&S is in talks to hand its owned business in Hong Kong and Macau to its long-established franchise partner Al-Futtaim. The discussions stem from M&S’ strategic review of its international b…
Reiss will now be headed by Christos Angelides
Christos Angelides has been named CEO at Reiss, confounding expectations that he would take the top clothing role at Marks & Spencer…
Retail in Asia’s top 10 stories of 2016
Despite the tough and challenging retail environment in Asia, retailers are innovating more than ever to capture their audiences, whether through new technologies or forms of crowd-drawing entertainme…
Retail in Asia’s top stories of the week (7-11 November)
This week, our top stories included three reasons why British retailer M&S is shuttering their stores in China, what you need to know about Alibaba’s Singles Day and how the inevitable Trump…
3 reasons Marks & Spencer failed in China
Whatever happened to the great Chinese consumer? It’s a question executives at Marks & Spencer Group Plc are asking themselves as the British retailer moves to shutter its 10 stores in Chin…
Marks & Spencer to shutter UK and China stores, not Singapore
Britain’s Marks & Spencer (M&S) said this week it will close around 60 stores in the UK, and will shutter more than 50 international stores, on the back of lacklustre sales growth in its appar…