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Tough road ahead for Marks & Spencer amid restructuring

2020-08-18 14:40:00| Daily apparel & textile news and comment - from just-style.com

Following on from the 950 job cuts it announced just last month, Marks & Spencer has revealed today (18 August) it will make a further 7,000 as it once again attempts to transform the business. The news pushed the retailer's share price down over 2% this morning to 111.20 pence. Analysts believe the decision by M&S was a necessary one but that the retailer now has a tough road ahead to catch up with its rivals.

Tags: road ahead marks tough

 

Marks & Spencer to cull 7,000 roles as Covid bites

2020-08-18 13:41:00| Daily apparel & textile news and comment - from just-style.com

UK clothing, home and food retailer Marks & Spencer is to make 7,000 job cuts across management and stores over the next three months as it looks to address the material shift in trade caused by the Covid-19 pandemic.

Tags: marks roles spencer bites

 
 

Marks & Spencer to cut 950 central support roles

2020-07-20 15:36:00| Daily apparel & textile news and comment - from just-style.com

UK clothing, food and home retailer Marks & Spencer is to cut 950 roles across its central support functions in a bid to accelerate the restructuring of its business.

Tags: support central cut marks

 

Marks and Spencer Group plc (MKS) - Financial and Strategic SWOT Analysis Review

2020-06-24 02:00:00| Apparel & textile industry market research - from just-style.com

Marks and Spencer Group plc (M&S) is a retailer of a wide range of apparels, home products and food items. Its product portfolio consists of womenswear, menswear, kids wear, lingerie, cosmetics, footw

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Marks & Spencer latest to phase out alpaca wool

2020-06-17 13:19:00| Daily apparel & textile news and comment - from just-style.com

UK retailer Marks & Spencer is said to be the latest fashion retailer to phase out the use of alpaca wool in all future product developments.

Tags: latest phase marks spencer

 

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