Home M&S FY profit slumps 74.8% on store closure costs
 

Keywords :   


M&S FY profit slumps 74.8% on store closure costs

2018-05-23 12:06:00| Daily apparel & textile news and comment - from just-style.com

M&S has revealed profits slumped by almost three-quarters last year as a result of declining sales of clothing, food and homeware and what CEO Steve Rowe called "short-term costs" as a result of its turnaround plan.

Tags: store costs profit closure

Category:Consumer Goods and Services

Latest from this category

All news

02.11Fragrancing Spaces with Atmos, A Smart Home Diffuser
01.11US jobs growth slows as presidential election looms
01.11Value for Money tsar linked to string of overspends
01.11DTG launches D-Book 12.9
01.11Titan OS FAST channels coming to Sony Android TVs
01.11A Clean for All Seasons
01.11For Performance & Planet
01.11Dermatological Beauty & Breakthrough Innovations
Consumer Goods and Services »
02.11Subtropical Storm Patty Update Statement
02.11Summary for Subtropical Storm Patty (AT2/AL172024)
02.11Atlantic Tropical Weather Outlook
02.11Eastern North Pacific Tropical Weather Outlook
02.11Weekly Recap: Nippon Paint, AkzoNobel, PPG Top This Weeks Stories
02.11Subtropical Storm Patty Graphics
02.11Subtropical Storm Patty Forecast Discussion Number 1
02.11Subtropical Storm Patty Wind Speed Probabilities Number 1
More »