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Latest Articles in Marks Spencer

UK's M&S Seeks To Turbocharge Online Sales With Guest Clothes Brands

M&S Chief Executive Steve Rowe said last year the group, still Britain's biggest clothing retailer by value, was shifting strategy and would sell other brands to broaden its appeal.

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M&S Clothing Sales Hammered By Lockdowns In Three Months To Christmas

M&S's international revenue decreased 10.4% impacted by changing restrictions related to the pandemic across the world.

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M&S Slumps To First Ever Loss As COVID-19 Hammers Clothing Sales

M&S, one of the best known names in UK retail, said it made a pretax loss before one-off items of 17.4 million pounds ($22.6 million) in the 26 weeks to Sept. 26 - its first loss since listing its shares on the stock market in 1926.

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M&S Tries To Tap Into Food Delivery Boom To Halt Decline

That is making M&S more confident about its 1.5 billon pound ($2 billion) deal to create Ocado Retail, which initially came under fire from some investors for its lofty price tag.

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Britain's M&S To Cut 7,000 Jobs In Latest Blow To Retail Sector

Clothing and home sales were down 29.9% in the eight weeks since stores reopened. Store sales were down 47.9%, while online sales were up 39.2%.

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Marks & Spencer Strengthens Liquidity To Cope With Coronavirus Impact

The retailer said it did not anticipate paying a dividend for the 2020-21 financial year, saving it 210 million pounds of cash.

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Britain's M&S warns of severe impact from coronavirus

M&S said pretax profit before one off items for the 2019-20 year could be at or below the bottom end of the analysts' forecast range of 440-460 million pounds ($516-$540 million).

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Reducing Impact On Environment Is A Cornerstone Of Our Commitments: TG Ganesh, Head Of Sustainability, Marks & Spencer India

In an exclusive interview with TG Ganesh, Head of Sustainability, Marks & Spencer India discusses the various sustainability issues of the organization

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Marks & Spencer Reliance India Appoints James Munson As Managing Director

Marks & Spencer Reliance India has roped in James Munson as its new managing director just days after Trent appointed outgoing MD Venu Nair as their new chief commercial officer

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