Halfords Group PLC (HFD.L)
LONDON, May 25 British bicycles to car parts retailer Halfords on Thursday reported a 7.5 percent fall in annual profit, hurt by the post-Brexit vote fall in the value of the pound that increased the costs of imported goods.
* Underlying profit before tax of £75.4m, down £6.1m year-on-year
LONDON Marks & Spencer has hired Jill McDonald to run its clothing division, betting that the boss of bike shop Halfords can bring her focus on improving stores and customer service to fix the struggling business.
* Halfords shares down 2.8 percent, M&S down 1.1 (Adds background, reaction)
LONDON, May 3 Marks & Spencer said it had appointed Jill McDonald, the boss of Britain's largest bike seller Halfords, to run its clothing and home business, freeing its chief executive Steve Rowe to focus on the overall group.