M&S considers ditching Per Una fashion brand amid struggles in clothing division
Per Una is one of several brands to be put under review by chief executive Steve Rowe as part of a cost-cutting drive
Company
Marks and Spencer Group PLC
LON:MKS
Marks and Spencer Group is a retailer of clothing, food and home products in the United Kingdom. The Company has 622 stores, including Simply Food franchise stores, as well as an international business.
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Investments and investor services
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Investments and investor services
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Investments and investor services
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Laith Khalaf, senior analyst at Hargreaves Lansdown said: ‘Marks and Spencer looks like it’s going to avoid relegation from the FTSE 100 by the skin of its teeth”
Archive
Quiet week seen following UK bank holiday, with any dividend news from RBS's AGM the main interest
Week Ahead also includes full-year results from platinum refiner Johnson Matthey PLC, transport operator Firstgroup PLC, and discount retailer B&M European Value Retail SA
M&S faces FTSE 100 relegation in index's quarterly reshuffle
Marks and Spencer's clothing brand needs a complete refresh and its online offering needs sorting out fast, according to Neil Wilson, chief market analyst at Markets.com
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Investments and investor services
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Archive
M&S shareholders braced for another gloomy update
M&S announced shop closures a day ahead of its results announcement; was that to spread the bad news over two days or to ensure the bad news did not overshadow a decent trading performance?
M&S confirms 100 store closures ahead of full year results as it moves sales online
"Closing stores isn't easy but it is vital for the future of M&S," said Sacha Berendji, director of retail operations
Dixons Carphone appoints Clare Pettitt as interim finance chief
Jonny Mason, the finance chief at cycle shop Halfords PLC (LON:HFD), will join as the group chief financial officer at a date yet to be confirmed
M&S appoints former Dixons Carphone UK boss as non-executive director
New M&S chairman Archie Norman has been shaking up the board since joining the retailer last September
Investments and investor services
FTSE 100 propelled to new record close as pound weakens and Dow Jones breaches 25,000
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Marks & Spencer is facing FTSE 100 trap-door and that’s a major red flag for retail stalwarts
Falling out of London's premier index would be a powerful symbol of the retailer's decline but, what does it say about the broader sector?
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