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M&S to flag up foreign growth
12 Oct 2009Marks & Spencer is expected to give broad hints of a big push overseas and an expansion of its internet operations tomorrow, in an investor presentation being billed by some as a beauty parade of potential new chief executives.
The company is remaining fairly tight-lipped about the session although finance director Ian Dyson has said he will be discussing “developments” outside the UK. The speculation follows M&S's loss of sales growth to cut-price food and clothing rivals like Primark and Asda.
Analysts and investors will gather in White City for presentations from Dyson, clothing head Kate Bostock and food boss John Dixon.
Reader views (2)
They are welcome to New Zealand any time.
- Harry Mueller, Te Kauwhata, New Zealand, 13/10/2009 05:48
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Very interesting. I hope that we shall see the restoration of Marks and Spencer retail outlets here in Belgium!!!
- Arthur Lincoln, Roeselare, Belgium, 12/10/2009 12:20
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