Marks and Spencer Group PLC (MKS.L)
5 Dec 2016
LONDON, Nov 8 Marks & Spencer chief Steve Rowe believes "Mrs M&S" can save Britain's biggest clothing chain as it retreats from the battle for younger shoppers who increasingly favour fast fashion trailblazers such as Zara.
LONDON Britain's Marks & Spencer plans to shut more than 80 stores at home and abroad at a cost of up to 550 million pounds ($684 million) as its new boss tries to revive the retailer by switching space towards food and away from fashion. | Video
* Retailer to close about 30 UK stores, switch 45 to food only
LONDON, Nov 8 British retailer Marks & Spencer does not plan to raise its prices on clothing and other goods to compensate for the fall in the pound caused by the Brexit vote, its chief executive said on Tuesday.
LONDON, Nov 8 Britain's Marks & Spencer said on Tuesday it would shut stores at home and abroad, with its new chief executive seeking to cut costs as part of a revival plan.
LONDON, Oct 31 British shares retreated on Monday but remained headed for their fifth straight month of gains, as advertising group WPP gained after reporting its third-quarter results.
* FY profit up 0.5 pct at 114.1 mln stg, in line with forecasts
* Shares fall 7.5 percent after hitting 2-1/2 year highs (Adds CEO comment, analyst comment, share price)
LONDON, Oct 7 Britain's fashion retailers endured a slump in sales in September as unseasonably warm weather deterred sales of autumn and winter collections, industry data showed on Friday.
LONDON, Sept 29 British Airways said on Thursday it will no longer provide free snacks and food in economy class on short-haul and domestic flights, joining budget carriers like Ryanair and easyJet which charge for sandwiches and other items.