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Article: City: St Michael's foreign policy As Marks & Spencer prepares for its next big push abroad, Sir Richard Greenbury, its chairman, talks exclusively to Richard Rivlin about his ambitions for a pounds 2bn global empire
- Article from:
- The Sunday Telegraph London
- Article date:
- September 14, 1997
- Author:
CopyrightCopyright 1997 The Sunday Telegraph London. Provided by ProQuest LLC. (Hide copyright information)
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Sir Richard Greenbury has always looked abroad for his
influences. An annexe to his office is filled with biographies of
Harry Truman, the late American President, whose motto "The buck
stops here" hangs from the wall behind Greenbury's desk.
Now Greenbury, as chairman of Marks & Spencer, Britain's best
loved company, is spreading his influence abroad.
This week he talked exclusively to The Sunday Telegraph about the
group's burgeoning overseas activities and the strategy uniting
them. He says: "Our foreign policy is quite simple. We cannot
afford to be trapped within the UK economy. We must go abroad."
The first European stores were opened in Paris and Brussels in
1975. Given the history of ...