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M&S annual profits fall by 64% as revamp costs bite
Profits at Marks and Spencer fell by almost two thirds to �176.4m last year following a costly business overhaul. The retailer said that a decline in clothing sales and higher costs from opening new food stores were partly to blame for the 64% fall ...
M&S profits dive by nearly two-thirds as clothing sales slide  
Marks and Spencer reports slump in profit hurt by clothing sales and cost of ...  
Market Chart
7,493.88 +8.59 (0.11%)
19,906.23 -13.89 (-0.07%)
4,102.04 +3.59 (0.09%)
4,633.50 +15.02 (0.33%)

Top stories

Construction workers eating lunch in front of an artist's impression of the Central Business District in Beijing, China. Photograph: Ng Han Guan/AP.
The Bank of England governor, Mark Carney, has fallen victim to an online prankster who got him to joke about one of his predecessor's supposed drinking habits.
This morning, though, M&S let investors see the recent past. And if the future's bright, the past is not so much orange as hot pants gold: affected by the legacy of an unfortunate clothing strategy, that saw the retailer market said pants to its ...
The Government borrowed a surprise �10.4bn last month in the final update on its finances before the general election. The Office for National Statistics (ONS) said public sector net borrowing, excluding State-owned banks, rose by �1.2bn in April to ...
Amazon is attempting to challenge Sky, Virgin Media and BT by adding pay-TV channels to its streaming service. The online giant will offer individual subscriptions to more than 40 channels through a new venture called Amazon Channels.

Trends

Popular searches on GoogleChange Mkt Cap
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