Marks and Spencer

Marks & Spencer Outperforming Worst-Case Coronavirus Fears

20 May 2020 • By Bloomberg

The UK retailer reacted quickly to the pandemic, cancelling about £100 million ($122 million) of clothing and home orders and scrapping its 2019 dividend.

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News & Analysis

M&S Warns of 'Severe Impact' From Coronavirus

20 March 2020 • By Reuters

The British retailer, already seeing a substantial decline clothing and homeware sales, will not pay a final dividend for its 2019-20 year and said it was unable to provide meaningful guidance on 2020-2021 earnings.

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Power Moves

Power Moves | Balmain CEO Exits, Tiffany Loses Board Member

5 December 2019 • By Rachel Deeley

This week, Balmain’s chief executive departed, while Tiffany board member Francsesco Trapani resigned.

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News & Analysis

UK Shoppers to Shrug off Retail Blues in Pre-Christmas Spree

20 November 2019 • By Bloomberg

Online retailers including Asos are banking on a surge in Black Friday sales, as 87 percent of consumers plan to spend more than they did last year.

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News & Analysis

Weak Clothing Sales Hit Britain's M&S Profit

6 November 2019 • By Reuters

The British retailer's "transformation" plan has been hindered after weakened clothes sales, resulting in a 17 percent drop in first-half profit.

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Power Moves

Power Moves | Moda Operandi Appoints CTO, Burberry Adds to Board of Directors

26 September 2019 • By Rachel Deeley

This week, Moda Operandi taps Walmart for chief technology officer, while Burberry adds former BET Networks CEO Debra Lee to its board.

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News & Analysis

M&S to Be Relegated From FTSE 100 for the First Time

4 September 2019 • By Reuters

The 135-year-old high-street retailer has been in the blue-chip index since its launch in 1984 but has lost investors' faith after a decade of failed reinventions and three years of profit falls.

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News & Analysis

M&S Shares Drop as It Faces Relegation from FTSE 100

2 September 2019 • By Reuters

The 135-year-old retailer's shares have lost about 40 percent of their value since January 2018 due to tough competition — particularly online — in the food and clothing space.

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News & Analysis

Marks and Spencer May Close More Stores Than Planned, CEO Says

7 November 2018 • By Bloomberg

Tumbling sales and difficulty adapting to online retail means the British company may potentially increase the number of stores set to close.

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News & Analysis

Marks & Spencer Clothing Sales Forecast to Fall

19 May 2017 • By Reuters

The British retailer is expected to report a renewed decline in clothing and homeware sales in its latest quarter, dampening the euphoria in recent months of its first increase in two years.

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