Former Marks & Spencer boss Lord Stuart Rose backs Select Property Group August 24, 2015 There is a new new retail club in town and it’s called Select Property Group. Former Marks & Spencer chairman Lord Stuart Rose has emerged as a surprise backer in the privately-owned developer, which operates a swathe of student housing and is about to launch its first block of serviced flats in Manchester. He has [...]
Supermarket chic: Sainsbury’s to launch new premium fashion brand September 2, 2016 Hobbs, LK Bennett and Whistles could be feeling nervous this weekend – as Sainsbury's prepares to launch its new range of women's clothing early next week. The supermarket group named those three high-end brands in particular as it threw down the gauntlet in the battle to win more customers with its new collection. "The quality and styling [...]
Retail industry attention turns to high street bellwether Next July 31, 2016 The retail industry's attention will turn to Next, with the UK high street bellwether expected to report a fall in sales in the coming week. The FTSE-100 listed firm's widely-watched results are regarded as a good indicator for how its peers, such as Marks & Spencer, are faring. Read more: Retailers rocked by sales shocker Next's trading is likely to have [...]
Asos sales jump as customer numbers grow 24 per cent July 12, 2016 Online retailer Asos grew sales by 26 per cent in the four months to 30 June, pushing revenue up to £514.6m for the period. The company's share price was up 4.7 per cent in early trading. Sales in the UK were up 28 per cent, while US sales surged by 45 per cent. Sales in the [...]
Focus On Peckham: How it went from Only Fools fame to be the first time buyer capital of London November 25, 2016 Whatever you think about 2016, it’s been a billboard year for Peckham. Two large houses near Peckham Rye station sold £2.5m this year, a record price for the area, firmly cementing SE15’s fast-growing reputation as a desirable place to live. It’s not bad for an area that is embedded in the national psyche as the [...]
Greencore Group bags The Sandwich Factory from Cranswick in tasty £15m deal July 25, 2016 Irish food group Greencore has bagged food-to-go producer The Sandwich Factory from Cranswick in a deal worth up to £15m. The Sandwich Factory, which operates from a single facility in Warwickshire, produces a range of products for convenience stores and food service channels. Its net revenue for the year ended 31 March was £42m. Greencore is already one [...]
These are the UK’s most attractive employers May 13, 2016 Rolls Royce has topped a list of big companies that Britons want to work for. The automotive aerospace giant fared well on criteria such as salary and employee benefits, long-term job security and a pleasant working atmosphere. British Airways and Marks & Spencer took second and third place respectively, followed by car companies BMW and Jaguar Land [...]
Christmas adverts 2015: It’s not just about John Lewis – here are all the other adverts including Marks & Spencer, Burberry, Waitrose, TK Maxx, Curry’s PC World, Argos – but nothing from Tesco yet November 6, 2015 Yes, yes, we know, there's a mournful man on the moon and a girl with a telescope and the whole of the UK is crying. But Christmas is not just about the John Lewis advert. There are some other retailers with festive ads of their own to share. Here's the best Christmas adverts the UK [...]
Marks and Spencer is narrowing the gap with high street rival Next, says Moody’s February 8, 2016 Marks & Spencer is closing in on its high street rival Next after boosting the profitability in its troubled clothing business by bringing more of its design in house and sourcing directly from suppliers, according to analysts at credit ratings agency Moody’s. In a note published the morning, Moody’s said Next’s credit profile is stronger [...]
Marks & Spencer’s share price tumbles as head of general merchandise John Dixon quits July 17, 2015 Marks & Spencer's head of general merchandise John Dixon has quit the business after three years in the role, prompting the retailer's share price to tumble in early trading. Dixon "has decided to leave the business to pursue career opportunities outside of the company", the retailer said this morning. He will step down from [...]