LONDON, United Kingdom — Marks & Spencer Group Plc Chief Executive Officer Marc Bolland doesn’t make as much money selling clothes as smaller rival Next Plc. To soften the blow, some investors would like him to mimic his competitor’s record on giving back cash.
LONDON, United Kingdom — Marks & Spencer Group Plc reported a tenth straight quarter of falling clothing sales, indicating that heavy discounting before Christmas had little effect in luring customers back to Britain’s largest apparel retailer.
LONDON, United Kingdom — Marks & Spencer Group Plc reported the smallest decline in general-merchandise sales in more than two years, signaling that a new women’s clothing collection may be helping the U.K.’s largest clothing retailer regain shoppers.
LONDON, United Kingdom — Marks & Spencer Group Plc, Britain’s largest clothing retailer, fell for a third straight day as Sanford C. Bernstein cut the stock to underperform, adding to a recent tide of negative analyst opinion.
LONDON, United Kingdom — Marks & Spencer is hoping a high-profile ad campaign featuring some of Britain's biggest female celebrities will boost sales of its make-or-break Autumn/Winter fashion range when it debuts in September.
LONDON, United Kingdom — Marks & Spencer Group Plc, the 129- year-old British fashion retailer, is counting on shoppers like Lady Miloska Nott to reverse two years of falling profits.
LONDON, United Kingdom — Marks & Spencer Group Plc, the U.K.’s largest clothing retailer, said annual profit fell 5.8 percent as consumers spent less on its fashion goods, even as food sales increased.
LONDON, United Kingdom — Fashion media and analysts broadly welcomed Marks & Spencer's new clothing strategy and a preview of autumn/winter fashion ranges, giving the firm's boss some respite from pressure over falling sales.
LONDON, United Kingdom — Marks & Spencer Group Plc Chief Executive Officer Marc Bolland said its new autumn-winter fashion collection is a “step in the right direction” toward reigniting interest in the struggling fashion brand after seven quarters of sales declines.
MUMBAI, India — India is the next great frontier for global retailers, but a daunting array of permits force retailers to pay so-called "speed money" through middlemen or local partners to set up shop.
The China Edit is a weekly curation of the most important must-read fashion business news and analysis from and about the world’s largest luxury market.
Uniqlo-parent lifts forecast as Q1 profit jumps (Reuters) “Fast Retailing Co raised its annual profit forecast to a record after sales rose at home outlets of the Japanese retailer’s flagship Uniqlo casual clothing chain and price cuts and chilly autumn weather spurred a quarterly profit jump.” Marks & Spencer loses £270m stock market value (Guardian) “Almost £270m was wiped off the stock market value
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