New designs contribute to M&S revival

Marks & Spencer’s chief executive Stuart Rose credited a ‘strong performance in furniture’ and an ‘upturn in brand momentum’ as key contributors to its 35 per cent profit rise for 2005. ‘In-store we have developed innovative and stylish new packaging and point-of-sale material to communicate our brand values,’ stated Rose on Monday. The aim is that by the end of this year, 35 per cent of M&S floor space will have been revamped.