{"id":11403,"date":"2023-09-03T12:38:15","date_gmt":"2023-09-03T10:38:15","guid":{"rendered":"https:\/\/costops.com\/index.php\/2023\/09\/03\/sparks-flies-how-frumpy-marks-spencer-became-fashionable-again\/"},"modified":"2023-09-03T12:38:15","modified_gmt":"2023-09-03T10:38:15","slug":"sparks-flies-how-frumpy-marks-spencer-became-fashionable-again","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/09\/03\/sparks-flies-how-frumpy-marks-spencer-became-fashionable-again\/","title":{"rendered":"Sparks flies: how frumpy Marks & Spencer became fashionable again"},"content":{"rendered":"

Four years ago the venerable retailer fell out of the FTSE 100, suffering a humiliating blow to its prestige. But now it has turned things around<\/p>\n

It\u2019s four years to the day since Marks & Spencer dropped out of the FTSE 100<\/a> for the first time since the City share index\u2019s 1984 inception.<\/p>\n

It was a major blow for one of the UK\u2019s biggest retailers \u2013 and symptomatic of a series of existential problems it faced. Share prices were close to a 20-year low; annual profits had slumped to less than \u00a3100m. But for newly appointed company chair Archie Norman, these figures were far from the only concern. Upon taking up his position, Norman promised a radical shake-up<\/a> to fix the drifting business.<\/p>\n

Continue reading…<\/a>
\nFour years ago the venerable retailer fell out of the FTSE 100, suffering a humiliating blow to its prestige. But now it has turned things around
\nIt\u2019s four years to the day since Marks & Spencer dropped out of the FTSE 100 for the first time since the City share index\u2019s 1984 inception.
\nIt was a major blow for one of the UK\u2019s biggest retailers \u2013 and symptomatic of a series of existential problems it faced. Share prices were close to a 20-year low; annual profits had slumped to less than \u00a3100m. But for newly appointed company chair Archie Norman, these figures were far from the only concern. Upon taking up his position, Norman promised a radical shake-up to fix the drifting business. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

Four years ago the venerable retailer fell out of the FTSE 100, suffering a humiliating blow to its prestige. But now it has turned things around It\u2019s four years to the day since Marks & Spencer dropped out of the FTSE 100 for the first time since the City share index\u2019s 1984 inception. It was …<\/p>\n

Sparks flies: how frumpy Marks & Spencer became fashionable again<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":11404,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/11403"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=11403"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/11403\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/11404"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=11403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=11403"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=11403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}