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    1. Home
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    3. >Britain's M&S says clothing boss Richard Price to leave business
    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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    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.
    Richard Price, M&S clothing boss, announces departure from Marks & Spencer - Global Banking & Finance Review
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    Tags:Appointmentretailersmanagementcorporate governancefinancial community

    Quick Summary

    Richard Price is leaving M&S as clothing head, with John Lyttle taking over. This leadership change is part of M&S's ongoing strategy to strengthen its clothing division.

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

    1Who is leaving Marks & Spencer?

    Richard Price, the boss of the clothing and home division, is leaving the business.

    2Who will succeed Richard Price at M&S?

    John Lyttle, the former boss of Boohoo and Primark, will succeed Richard Price.

    3What 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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