Viewpoint: M&S adrift despite a decade of turnaround talk
By Leonie Barrie | 12 July 2012
Like a vast, slow-moving and rather unwieldy tanker, battered and lashed by stormy seas, the UK's largest clothing retailer Marks & Spencer has done much over the past decade to try to steady its business.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
HONG KONG: Li & Fung warns of 40% slump in FY profit
Global sourcing giant Li & Fung Ltd today (11 January) warned of a 40% fall in full-year core operating profit - and named a new president to lead its US unit where sales and margins have weakened.
In the money: Pressure mounts on M&S as clothing sales fall
Marks & Spencer chief executive Mark Bolland has come up against increasing pressure after the retailer delivered worse-than-expected third-quarter results with general merchandise taking the majority of the hit.
AUSTRALIA: Billabong names Myers as CFO
Australian surfwear brand Billabong has appointed Peter Myers as group chief financial officer, replacing Craig White who resigned last month.
Market research related to this article
Sogo & Seibu | Verdict Company Briefing
A new one-stop destination for unique data and opinion on Sogo & Seibu's offer. Targeted at retailers, and stakeholders of the department store chain, we assess its performance, strategic direction and provide Verdict's view on its future....
Marks & Spencer in the UK: Local Profile
This is a detailed report covering Marks & Spencer’s store formats, private labels, history, key employees, and key financial and operational metrics in the UK....