MarketLine Blog

Posts tagged to profit

Marks & Spencer: apparel retail dressed for success?

MarketLine

Marks and Spencer is one of the oldest names on the UK high street, with a reputation among consumers as a dependable but slightly staid retailer, ideal for those middle-aged, middle-income clothes shoppers who don’t want to embarrass their children by dressing inappropriately. But its FY2014 financials released today (May 20) show falling profits, as a core revenue stream continues to perform less strongly than hoped. The company’s two main segments are food and general merchandise, the latter largely apparel plus some homewares. Over the 2012-2014 period, its UK food… Read more