News: Marks and Spencer Group PLC (MKS.L)

MKS.L on London Stock Exchange

11 Jul 2014
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3.70p (+0.88%)
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Thu, Jul 10 2014

UPDATE 2-M&S finance chief defects to Tesco

* Tesco says M&S CFO Alan Stewart to join firm in same role

Tesco close to naming M&S CFO as new FD - source

LONDON, July 10 - Tesco, Britain's biggest retailer, is close to naming Marks & Spencer 's Chief Financial Officer Alan Stewart as its new finance director, according to a source familiar with the situation.

Shareholders vent frustration as M&S non-food sales fall again

LONDON - Marks & Spencer's army of small shareholders warned Chief Executive Marc Bolland they were running out of patience on Tuesday after the British retailer reported its 12th consecutive drop in quarterly general merchandise sales.

UPDATE 4-Shareholders vent frustration as M&S non-food sales fall again

* Clothing lfl sales down 0.6 pct, womenswear "up slightly"

UK's FTSE falls for 2nd day; Air France warning hits airlines

LONDON, July 8 - Britain's top share index fell for a second straight session on Tuesday, with airline stocks under pressure after Air France KLM issued a profit warning.

BRIEF-Marks & Spencer CEO says happy with step by step improvements

* CFO says Castle Donington e-commerce distribution centre performing in line with expectations

M&S blames new website for quarterly sales fall

LONDON, July 8 - British retailer Marks & Spencer's underlying non-food sales fell for a 12th straight quarter, it said on Tuesday, hurt by the transition to a new web platform.

Sports Direct, Sainsbury, M&S feel shareholder adviser group ire

LONDON, July 2 - A leading advisor to institutional investors has said it backs 'oppose' votes on pay and other issues at leading UK retailers Sports Direct, Marks & Spencer and J Sainsbury.

UPDATE 1-Marks & Spencer adds responsibilities to key directors

LONDON, June 30 - British retailer Marks & Spencer said on Monday it would increase the responsibilities of the five key executives under Chief Executive Marc Bolland as part of a restructuring of its management team aimed at driving greater accountability.

Marks & Spencer promotes Wade-Gery to UK retail role

LONDON, June 30 - Britain's Marks & Spencer on Monday announced several changes to its executive team's responsibilities, promoting Laura Wade-Gery, the executive director of multi-channel, to assume responsibility for the whole of UK retail.

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