Tag : Marks and Spencer
Coronavirus: Moody's downgrades Marks & SpencerSubscription
Credit ratings agency Moody’s has downgraded Marks & Spencer’s outlook as the impact of coronavirus is expected to significantly dent the retailer’s clothing and home business in the weeks ahead, and delay initiatives planned to reposition the business.
M&S to shrink flagship storesSubscription
Marks & Spencer is launching a review to downsize around 20 of its largest shops whereby upper floors of stores could be converted into residential or office space.
Retailers commit to Purple TuesdaySubscription
More retailers, including Marks & Spencer, have committed to improving the customer experience for disabled people as part of this year’s Purple Tuesday accessible shopping day.
M&S blames 'weak' clothing for first half slumpSubscription
Marks & Spencer (M&S) has blamed “weak” clothing and home sales for a 17.1% year-on-year drop in its profit before tax and adjusting items, for the six months to 28 September.
Redundancies emerge at M&SSubscription
Marks & Spencer quietly made nine members of its communications team redundant in July, it has confirmed.
Another top-level departure at M&SSubscription
Marks & Spencer’s director of supply chain and logistics for clothing and home, Gordon Mowat, is leaving the business, as the retailer seeks to “move faster to address longstanding issues in the supply chain”, Drapers can reveal.
Marks & Spencer debuts Soho pop-upSubscription
High street chain Marks & Spencer has opened a menswear pop-up, Mike & Tom’s, in London’s Soho until 28 September.
M&S appoints head of loyalty to drive digitalSubscription
Marks & Spencer has hired Tesco’s former Clubcard loyalty scheme boss in a bid to become a “digital-first retailer”.
Marks & Spencer relegated from FTSE 100Subscription
Marks & Spencer has lost its position in the FTSE 100 for the first time since the index’s creation in 1984.
M&S poaches Burton design chief Subscription
Marks & Spencer has appointed Burton’s head of design, Karen Hall, as its new head of menswear design.