Confidence From Rose As Ms Hits Three-Year High

Daily MailOctober 01, 2005

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Summary


MARKS Spencer is opening its first London clothing shop in 10 years amid a growing belief that chief executive Stuart Rose is finally making progress in resolving the group's problems.

Shares in the group hit a three-year high of 3831/2p yesterday, before closing down 21/4p at 3743/4p. The shares are edging closer toward the 400p offer that was mooted by tycoon Philip Green and rebuffed by Rose in July 2004.

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Confidence From Rose As Ms Hits Three-Year High

Rose will on Tuesday preside over the opening of a new-look food...

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