The company Marks & Spencer, in the context of a broader strategy for the expansion of its network in Greece and the strengthening of its presence in the domestic fashion retail market, opened a new store in the city of Kalamata. This is the first Marks & Spencer store in the city and the 27th […]
Tag: Marks & Spencer
Marks & Spencer: Profits have risen, the company warned of the outlook
The British retail company Marks & Spencer announced a jump in annual profits, but it also warned – as well as its competitors – warning of the outlook for the current quarter, due to the deterioration of living costs. The 138-year-old clothing and food history, one of the biggest names in British business, reported pre-tax […]
Preventive withdrawal of strawberry jam from Marks & Spencer Greece
Marks & Spencer Greece, in cooperation and communication with the Unified Food Control Agency, proceeded immediately and has fully completed the process of preventive withdrawal of all products with code “STRAWBERRY JAM 340 gr” available in stores and departments in Marks & Spencer Food. The withdrawal of the specific products took place following an individual […]
Marks & Spencer: Upgrade earnings estimates
British retailer Marks & Spencer boosted earnings estimates after announcing strong performance for Christmas, especially in food, where it outperformed the market. M&S, Britain’s most famous department store, recovering from the recession of almost a decade, said it now expects pre-tax adjusted earnings for the full year, at least 500 500m ($ 686m) from the […]
Marks & Spencer: 17% jump for the stock after the announcement of the results
Marks & Spencer shares jumped 17% after the announcement that it returned to profits in the first half of the year 2022, while it upgraded the estimates for the whole year, while warning that the issues in the labor market and logistics, will exercise cost pressures. The UK company added that it would consider starting […]