Marks & Spencer has appointed Richard Price, currently CEO of F&F Clothing at Tesco, as its MD, Clothing & Home. 

Richard previously worked as MD of BHS, head of merchandise and menswear trading director at M&S, and in merchandising roles with Next.

CEO Steve Rowe says: “Richard’s career spans some of the UK’s top clothing brands and he has a proven track record of delivering growth through stylish, great-value product. We are building a team of world-class talent in Clothing & Home and, with Richard coming on board, I am confident that the speed and scale of the transformation of the business will accelerate.”

Richard adds: "Marks & Spencer Clothing & Home is a great business which still has strong brand affection and huge potential. I left the business because I felt it was drifting in the wrong direction but now feel we have a real chance to make it special again. The new team has already started to improve product and value and I am looking forward to working with them.”

Richard will join M&S next year, and a start date will be confirmed in due course.