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Read More »M&S stocks fall as plan to revive clothing hits profit
London / Bloomberg Marks & Spencer Group Plc chief Steve Rowe’s strategy to reboot the retailer’s moribund clothing business got a cool reception from investors, with the stock falling the most in seven years amid concerns the plan will hurt short-term profits and doesn’t address some key decisions. The company will reduce styles to de-clutter its stores, cut prices ...
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