Management shakeup for M&S as Asia exec leaves September 30, 2013 British retailer Marks & Spencer (M&S) is to see more change to its senior management. Sky News' City editor Mark Kleinman reported that Pascal Martin, the executive responsible for the 120 M&S stores in Asia, is to leave next month, having been with the company only since 2011. His replacement, says Sky, is Bruce Findlay, [...]
The rise of the London Village January 16, 2014 IT SEEMS these days everyone wants their slice of village life, even if they live and work in the heart of the city. The Big Smoke has always been made up of distinct neighbourhoods with their own character and lifestyle, but the idea of the London Village has really taken hold in the public imagination [...]
Former M&S exec joins hotel group August 28, 2013 Former Marks & Spencer finance head Ian Dyson has added a new non-executive role to his portfolio by joining the board of Intercontinental Hotels. Dyson, who is a non-executive at Punch Taverns and is joining the Asos board in October, spent several years as the financial controller of Hilton Group.
London Report: Recovery looks on track in busy reporting week November 3, 2013 SERVICES figures due out this week, plus the latest updates on industrial and manufacturing production, look set to show continued recovery for the British economy. “September’s industrial production figures are likely to show that overall output partially recovered from its surprise 1.1 per cent monthly fall in August,” said Martin Beck, of Capital Economics. “Manufacturing [...]
What you need to know before the open May 20, 2014 A mixed open for European markets this morning. Yesterday, the Dax and Cac managed to finish on a positive note, but the 10 per cent drop AstraZeneca shares saw kept the FTSE in negative territory. On the data front, the Office for National Statistics will be releasing several key data at 9.30 this morning, with [...]
Brand Index: There’s still time for M&S’s autumn range to blossom October 15, 2013 LAST week Marks & Spencer’s general merchandise arm was dealt a blow when a number of respected analysts warned that it is continuing to lose market share in women’s fashion, leading to a fall in its share price. Autumn sales figures won’t be released until next month, but if the naysayers turn out to be [...]
Any Other Business – 22/08 August 21, 2013 High street retailers appear to be upping their game after Marks & Spencer announced earlier this week that its new campaign – Meet Britain’s Leading Ladies – was shot by famous fashion photographer Annie Leibovitz. It seems that the shop, which has renewed efforts to win back its female customers, has now set a trend [...]
Shares rise as City backs new M&S campaign August 19, 2013 SHARES in Marks & Spencer edged higher yesterday as the City backed the retailer’s new high profile autumn campaign, although some analysts warned that a failure to convert it into sales could deal a blow to chief executive Marc Bolland’s hopes of survival. Shore Capital analyst Clive Black said the campaign – featuring a host [...]
Inside Track: Carney must act to stop new EU rules hitting UK banks November 6, 2013 Well that didn’t last long. Optimism about a rapprochement between the Bank of England and major international banks has had the City bewitched since Mark Carney’s intervention last month to relax liquidity rules, marking a distinct break with the approach of his predecessor, Lord King. It may not be quite that straightforward: two subsequent developments [...]
UK tangled up in 13m words of EU red tape October 13, 2013 BRITISH businesses have been hit with more than 3,500 new European Union rules since David Cameron came to power, according to figures released today that set out the enormous impact of the Brussels bureaucracy on UK companies. Despite the coalition’s commitment to cutting red tape, since May 2010 there have been 13m extra words of [...]