Marks &amp; Spencer Announces Shakeup
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Troubled British retailer Marks &amp; Spencer Group PLC announced a management shakeup Tuesday as it reported lower profits in the six months ending Oct. 2. Chief executive Stuart Rose, who recently fought off
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LONDON Marks &amp; Spencer announced a management shake-up Tuesday that cost six senior executives their jobs, as the company said profit plunged and sales dipped in its home market for the first half of 2004.
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Footwear maker repositions struggling non-core brands.
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Hewlett-Packard Co. HPQ.N   Chairman Patricia Dunn on Tuesday agreed to step down in a   boardroom shake-up, as the No. 2 computer maker tried to defuse   a scandal over its investigation into media leaks.
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LONDON : Marks and Spencer has been overtaken as Britain&#39;s biggest clothing retailer by supermarket giant Asda, which is owned by the world&#39;s largest retail store Wal-Mart, industry figures showed.
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Marks &amp; Spencer is no longer the UKâs largest clothing retailer after losing its crown to supermarket chain Asda, it was reported today.
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Thousands of jobs will go as BBC boss Mark Thompson announces a radical shake-up of the corporation.
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Carole Leigh Hutton, the editor of The San Jose Mercury News was replaced in a top-level shake-up at the newspaper.
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Marks &amp; Spencer has announced a shake-out of top management after revealing that trading conditions have worsened, but it has not issued a profit warning as investors had feared.
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Italian luxury group Gucci said Mark Lee would become managing director of the Gucci brand, moving from heading Yves Saint Laurent, in the latest management reshuffle at the turbulent fashion house.
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Unilever, which makes Lipton Tea, Dove Soap and Ben &amp; Jerry's Ice Cream, announced plans to restructure and get rid of one of its two chief executives after reporting weak sales growth and a net loss in the fourth quarter.
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Marks & Spencer is poised to farm out its online retail business, the High Street retailer says.
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MARKS &amp; Spencer has lost its much-coveted crown as the UKâs largest clothing retailer, to the supermarket chain Asda. Industry figures for the 12 weeks to 25 July show that Asda now has a leading 9.4 per
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German retail giant KarstadtQuelle, which embarked on a drastic restructuring two years ago to turn itself around, has said it was now planning a massive shake-out of its loss-making mail-order business.
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AILING supermarkets group Sainsbury&#39;s is slashing its dividend, axing 750 head office jobs and pouring 3,000 new staff on to the shop floor in a last-ditch attempt to revive its fortunes.
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The Defence Secretary Geoff Hoon confirmed the axing of four infantry battalions today in a major restructuring of the Army.
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Marks &amp; Spencer chief executive Stuart Rose yesterday took hands-on control of the underperforming retailer, announcing the departure of four main board directors and two other senior executives.