Marks & Spencer's Chairman Steps Down... No Barneys Return for Gene Pressman...

The departure of Sir Stuart Rose marks the end of a dramatic era at Marks & Spencer, the U.K.’s largest clothing retailer.

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A FRIENDLY LUNCH: Barneys New York chief executive officer Mark Lee has been rebuilding the ranks at the luxury chain, but isn’t into recycling prior talent, not even Gene Pressman. It may have looked that way for a second when the two were spotted Tuesday lunching together at Michael’s. “Mark and I are just friends. We wanted to have lunch so we had lunch,” said Pressman, a grandson of the store’s founder and a former co-ceo. “In conversation, everybody always asks me questions about Barneys.”

Pressman said Lee did ask him what he’s doing now. Pressman is a partner in KEO, a technology company creating Internet-based kiosks with touch-screen capability for people to find destinations, coupons, charge mobile devices for free, download books, music and magazines and other services. But as far as making a Barneys return, Pressman said: “We haven’t really discussed that.”

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