Sane financing and a brutal restructuring have helped the retailer return to the FTSE 100 The first crop of headlines along the lines of "has Marks & Spencer's turnaround finally succeeded?" can be dated to about 2005. The struggle for relevance in the 21st century really has been going on that long. False dawns, relapses and various iterations of a "fix the basics" strategy has followed under multiple chief executives, most of whom thought they'd cracked it, but hadn't. It is why one should vie...
After years on the ropes, is M&S finally turning around? | Nils Pratley
The Guardian - 30 Aug 2023 19:59
Sane financing and a brutal restructuring have helped the retailer return to the FTSE 100 The first crop of headlines along the lines of "has Marks & Spencer's turnaround finally succeeded?" can be dated to about 2005. The struggle for relevance in the 21st century really has been going on that long. False dawns, relapses and various iterations of a "fix the basics" strategy has followed under multiple chief executives, most of whom thought they'd cracked it, but hadn't. It is why one should vie...
Share this Article
Recommended