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M&S as at May 2019

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Andy Howard MW looks in detail at recent developments at Marks & Spencer. 

M&S is currently a business in the headlines, and not always for the most obvious reasons. Despite significant announcements at the end of February regarding a strategic deal with online grocery distributor Ocado, certain sectors of the press have majored on the ‘uproar’ regarding altered flavour resulting from removing gelatine from Percy Pig sweets, an M&S favourite, to make them vegetarian. Perhaps this was to be expected from a certain sector of the tabloid press, but probably the last thing the M&S board needs is more adverse publicity...