The end justifies the means in Rose’s case
His style may be Savile Row but Marks & Spencer boss Sir Stuart Rose this week once again showed himself to be a scrapper. The retailer’s fourth-quarter update confounded bearish expectations as a raft of initiatives bore fruit. Like-for-like declines won’t have them dancing in the foyer of Waterside House but there will be relief that trends are improving rather than worsening.
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