Surprise: M&S has CEO who knows where business is going despite £ 200million loss Business News


Imagine chaos if Marks and Spencer’s boss Steve Rowe was, say, a driving instructor.

“OK, now we come to a route option variance, so gently step on the speed improvement reduction pedal. No… no… it’s the Velocity Enhancement Activation Pedal. OMG we’re gonna… uh… uh… crash !!!! “

After reporting a pre-tax loss of £ 201million and declining sales created by Covid, Rowe was understandably keen to draw people’s attention to the future with the retailer’s earnings statement. So there was a great song and dance about how M&S is going to be, uh, “never the same again”.

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This notice was published: 2021-05-26 20:30:40