|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||3.883 - 3.883|
|52 Week Range||3.343 - 4.558|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
U.K Prime Minister Theresa May said there was a plan for a no-deal Brexit scenario. But retailers from J Sainsbury Plc to Marks & Spencer Group Plc want details.
Marks and Spencer Group plc (LSE:MKS) delivered a less impressive 3.51% ROE over the past year, compared to the 9.62% return generated by its industry. An investor may attribute anRead More...
Jill McDonald picks up something of a poisoned chalice when she starts as boss of clothing at Marks & Spencer (MKS.L) on Monday, with little room to maneuver as she tackles one of the biggest jobs in British retailing on her first foray into fashion. McDonald's retail credentials are strong, but they were earned as CEO of bicycles to car parts company Halfords (HFD.L) and she will have to work within a blueprint set out by her new boss as she looks to deliver the sustained sales and profit growth that has eluded M&S for a decade in competition with a burgeoning fast-fashion market. To compound matters, Rowe and predecessor Marc Bolland have already used sourcing directors Mark and Neal Lindsey to boost profit margins by changing the way M&S buys and makes clothes, taking away any easy gains for a new boss.
The following are the top stories on the business pages of British newspapers. - Asos is little more than 100 million pounds ($129.28 million) short of overtaking the market value of Marks & Spencer Group Plc in what is being called the UK high street's "Tesla moment". - The regime at Mitie Group Plc run by Baroness McGregor-Smith has come under investigation by UK's Financial Conduct Authority.
U.K. blue-chip stocks end higher Thursday, but the pound was knocked down in the wake of the Bank of England’s decision to lower some of its projections on British economic growth and wages.
M&S posted weaker-than-expected first quarter revenues Tuesday as U.K. sales slowed amid a pullback in spending linked to the country's surging inflation and slowing growth.
Marks & Spencer Group Plc reported a fresh drop in quarterly clothing revenue and missed estimates for food sales, dealing a blow to Chief Executive Officer Steve Rowe as he seeks to revive the U.K. retail ...
Hedge funds have significantly stepped up bets against Britain's traditional high street retailers, as the sector struggles with online competition, worries about a stretched consumer and weakening sales and profits. The risks were on full display on Tuesday when shares in Debenhams (DEB.L) slid more than 3 percent to an eight-year low following a weak trading update and a warning on UK sales. Britain's upcoming exit from the European Union, an inconclusive general election, and worrying data on consumer spending have muddied the outlook for bricks-and-mortar retailers like Debenhams, Marks & Spencer (MKS.L) and Next (NXT.L), whose share prices have fallen this year.
Marks & Spencer Group posted stronger-than-expected full year profits and maintained its dividend but cautioned on an "uncertain" outlook in the months ahead.
Marks & Spencer Group Plc is trying to sell more clothing at full price to wring profits from a shrinking U.K. apparel market that shows few signs of a turnaround.
Marks & Spencer (MKS.L) named Archie Norman as its new chairman on Friday, with the 63-year-old retail veteran's appointment lifting the clothing and food retailer's shares. Norman, who helped to revive food retailer Asda (WMT.N) in the 1990s, will join M&S at a critical time. "I'm under no illusions about the extent of the challenge facing the business," Norman told Reuters.
Marks & Spencer stock gained on Friday morning after it appointed a new chairman, the second key hire in a turnaround plan this week.
British retailer Marks & Spencer has started selling avocados marked by laser rather than stickers, in a bid to cut packaging waste and improve efficiency. Simon Thompson reports.