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Marks & Spencer live webcast to start at 1pm

Marks & Spencer is hosting an investor day in London today which will update on the progress of it’s 2020 strategy, focusing on distribution, warehousing and its IT integration.

The retailer is expected to outline significant cost savings at the event and several of the internal candidates to succeed Sir Stuart Rose will make presentations.

Finance director Ian Dyson, food boss John Dixon and clothing chief Kate Bostock — all considered candidates to succeed Rose when he steps down as chief executive next year — are expected to make presentations.

The update to the City, which is being held at Marks & Specner’s “fake store” in White City, west London, is the retailer’s first investor day for nearly a decade.

 

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