Finance

Britain's M&S says clothing boss Richard Price to leave business

Published by Global Banking & Finance Review

Posted on February 6, 2025

1 min read

· Last updated: January 26, 2026

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Richard Price, M&S clothing boss, announces departure from Marks & Spencer - Global Banking & Finance Review
The image features Richard Price, the outgoing clothing boss of Marks & Spencer, who is leaving to pursue a portfolio career. This change comes as M&S appoints John Lyttle as his successor, marking a significant shift in the company's leadership amidst its ongoing revival efforts.
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LONDON (Reuters) - British retailer Marks & Spencer said on Thursday that Richard Price, the boss of its clothing and home division and a key player in the group's recent revival, is leaving to pursue

Britain's M&S says clothing boss Richard Price to leave business

LONDON (Reuters) - British retailer Marks & Spencer said on Thursday that Richard Price, the boss of its clothing and home division and a key player in the group's recent revival, is leaving to pursue a portfolio career.

M&S said Price would be succeeded by John Lyttle, the former boss of online fashion retailer Boohoo and budget clothing retailer Primark.

(Reporting by James Davey; Editing by Sachin Ravikumar)

Key Takeaways

  • Richard Price, M&S clothing head, is leaving.
  • John Lyttle, former Boohoo CEO, to succeed Price.
  • Price played a key role in M&S's recent revival.
  • The leadership change aims to continue M&S's growth.
  • M&S focuses on strengthening its clothing division.

Frequently Asked Questions

Who is leaving Marks & Spencer?
Richard Price, the boss of the clothing and home division, is leaving the business.
Who will succeed Richard Price at M&S?
John Lyttle, the former boss of Boohoo and Primark, will succeed Richard Price.
What role did Richard Price play at M&S?
Richard Price was a key player in the recent revival of Marks & Spencer.

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