Marc Bolland's first year in charge at M&S Archives - Just Food
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Marc Bolland's first year in charge at M&S

UK: M&S cautious despite rising profits

UK: M&S cautious despite rising profits

Marks and Spencer has posted an increase in annual profits but maintained a cautious outlook, citing pressure on disposable income and increasing commodity prices.

In the spotlight: M&S crosses the English Channel once more

In the spotlight: M&S crosses the English Channel once more

The move was speculated about in the autumn but today Marks and Spencer, one of the flagship names of the UK retail landscape, has announced it will return to France - a decade after it quit the market. CEO Marc Bolland is upbeat about his plans, although reaction from retail analysts was mixed. Petah Marian reports.