Search Results for: Marks & Spencer
Longstanding Marks & Spencer GC announces retirement
August 31st, 2016
One of the longest-serving leaders in the UK in-house legal sector has decided it’s time to retire. Marks & Spencer general counsel Robert Ivens is retiring from the company he has called home for more than 30 years. Mr ...
Marks & Spencer is going downmarket to try and rescue its clothing business
May 25th, 2016
Marks & Spencer put out another bad set of results on Wednesday— something that has become a tradition for the struggling retailer. Annual sales at M&S were up 2.4% to £10.4 billion ($15.2 billion) but pre-tax profit collapsed by 19.5% ...
Next’s profits set to overtake Marks & Spencer after 12% annual rise
March 21st, 2014
The decline of Marks & Spencer was again brutally underlined on Thursday when Next reported soaring profits that are almost certain to have beaten its venerable high street rival for the first time. After bets on “braver” fashion and ...
M&S to close Clothing & Home business and continue to grow in Food; to close loss making shops in 10 markets
November 8th, 2016
Marks & Spencer has released today the Half Year Results for 26 Weeks Ended 1 October 2016 and Strategic Update. Summary Good progress against strategic priorities set out in May. As expected, underlying profits down in the half due ...
Spreadsheet fashions accounting error at M&S
July 13th, 2016
Veteran high street retailer Marks and Spencer (M&S) has suffered the embarrassment of having to re-issue its first quarter results just hours after the initial release, when analysts’ questions revealed a double counting error, reversing the previously positive news ...
Marks and Spencer sees profits fall
May 20th, 2014
Marks and Spencer has reported a 3.9% fall in underlying annual profit to £623m, the third consecutive year its profits have fallen. The retailer also said that group sales rose by 2.7% to £10.3bn in the year to 29 ...
Apple warning sent European shares sliding on Thursday
January 3rd, 2019
Apple’s first sales warning in nearly 12 years sent European shares sliding on Thursday, with the tech sector particularly badly bruised as chipmakers that supply the iPhone maker fell sharply. The pan-European STOXX 600 fell 0.7 percent as Europe ...
Top 50 most loved brands in Europe 2016
May 26th, 2016
Tech giant Apple is the UK and Europe’s most loved brand and dominates social conversation, according to a Brand Love List report launched today by enterprise social analytics company NetBase. Love, best, great, perfect and awesome were the top ...
1-in-5 in person Visa-processed card payments now contactless
May 11th, 2016
Visa Europe has put out another batch of contactless payments metrics, showing that one-in-five in-person card transactions it processes are now tap and pay. The card giant says that it has seen three billion contactless payments in Europe in ...
Oil Companies Draw on Creative Financing to Stay Afloat After Prices Tumble
February 2nd, 2015
North America’s small and mid-sized energy companies are searching for creative ways to stay afloat as investors smell blood in the water from the almost 60 percent fall in the price of oil since June. Oil and natural gas ...
