M&S searches for next Rose September 20, 2009 Marks and Spencer yesterday hit back at claims that shareholders were wary of an internal candidate being appointed to succeed Sir Stuart Rose. Earlier this month Rose’s key ally and food boss of the retail chain, John Dixon, was elevated to the main board – suggesting to observers that he will be in the running [...]
City Moves for 15 September 2009 | Who’s switching jobs September 14, 2009 White & CaseThe law firm has appointed London partner Oliver Brettle to its global executive committee. Brettle will retain his responsibilities as executive partner in the London office, which he has led for the past year. He replaces New York-based partner Dimitrios Drivas on the committee. Drivas is stepping down from the post to devote [...]
J Sainsbury names Tyler September 13, 2009 SUPERMARKET chain J Sainsbury has appointed former GUS finance director David Tyler to become its next chairman. Tyler will be taking over the role of Sir Philip Hampton as head of Britain’s third largest supermarket group. Hampton earlier this year said he would relinquish the position to allow him to concentrate on his chairmanship of [...]
J Sainsbury names Tyler September 13, 2009 SUPERMARKET chain J Sainsbury has appointed former GUS finance director David Tyler to become its next chairman. Tyler will be taking over the role of Sir Philip Hampton as head of Britain’s third largest supermarket group. Hampton earlier this year said he would relinquish the position to allow him to concentrate on his chairmanship of [...]
Energy and bank stocks push FTSE 100 back below 5,000 September 10, 2009 THE FTSE 100 drifted lower yesterday, unable to stay above the 5,000 level as energy and bank stocks weighed heavily. It closed down by 16.62 points, or 0.3 per cent to 4,987.68, having closed above 5,000 for the first time since late September 2008 on Wednesday. “We’re taking a bit of a pause from what [...]
HOW WOULD YOU RATE WM MORRISON’S PERFORMANCE? September 10, 2009 NICK BUBB PALI INTERNATIONALThe results were in-line with expectations, but that shouldn’t take anything away from what was a very good performance. Dare I say it, it was better than Sainsbury’s. The stores they bought from the Co-operative Group opened earlier than expected, and that bodes well for the longer-term push into smaller stores. SAM [...]
Marks & Spencer promotes Dixon to the board fuelling Rose succession talk September 9, 2009 MARKS & Spencer (M&S) has promoted its head of food, John Dixon, to its executive board, strengthening his chance of succeeding Stuart Rose as chief executive next year. M&S has always said it would prefer an internal candidate to succeed Rose, and signs of recovery at the group’s upmarket food business in recent months have [...]
UBC buys Radio Lynx for 2.4m August 20, 2009 UBC Media, the radio-content company, has bought marketing group Radio Lynx for a total of £2.4m, it said yesterday. Radio Lynx provides advertisers with marketing campaigns to put out on radio stations and websites. Clients include P&O Ferries, Coca-Cola, Lloyds Bank and Sainsbury’s. The deal allows UBC to extend its share of the marketing services [...]
Why the Autumn promises so much August 20, 2009 CITY A.M will be taking its customary break next week and will not be publishing again until Tuesday 1 September, after the August Bank Holiday. By then the Ashes will be over, the football season will be well under way and the nights will be drawing in. As far as City A.M is concerned, the [...]
Why the Autumn promises so much August 20, 2009 CITY A.M will be taking its customary break next week and will not be publishing again until Tuesday 1 September, after the August Bank Holiday. By then the Ashes will be over, the football season will be well under way and the nights will be drawing in. As far as City A.M is concerned, the [...]