M&S POACHES NEW ONLINE BOSS FROM TESCO February 7, 2011 MARKS & Spencer has poached Laura Wade-Gery from supermarket group Tesco to head its internet business, underscoring new boss Marc Bolland’s commitment to growing sales online. Wade-Gery will join as executive director of multi-channel and e-commerce as the retailer aims to double online sales by 2013-14.
M&S poaches Tesco’s online guru Wade-Gery February 7, 2011 Upmarket retailer Marks & Spencer has poached Laura Wade-Gery from supermarket group Tesco to head its internet business, underscoring new boss Marc Bolland’s commitment to online sales growth. M&S, the UK’s biggest clothing retailer, said Wade-Gery is to join as executive director of multi-channel and e-commerce at a time and on terms to be confirmed. [...]
THE TIPSTER February 6, 2011 WITH uncertainty continuing over the situation in Egypt, bearish investors are coveting the safe haven assets once again. After retreating from the $1,400 level at the start of the year, gold is now creeping higher but with no signs of further contagion in the geopolitical sphere, the risk aversion stance could arguably be seen as [...]
FASHION NEWS IN BRIEF February 3, 2011 LOTUS LAUNCHES FASHION BRAND Brit supercar company Lotus is launching a new lifestyle concept, Lotus Originals with a range of clothing and accessories reflecting the spirit of its cars. Lotus Originals launches online at www.lotusoriginals.com on 23 February. BEAUTY ON A BUDGET FROM TESCO The supermarket giant is trialling a beauty salon scheme in two [...]
For some, it’s a borrower’s market February 2, 2011 FANCY a new car, luxury holiday or that longed-for loft conversion but don’t have the cash? This could be the moment for you to bag a bargain. As businesses struggle amid the economic downturn, they are offering some very good deals, at least to certain clients. With care, you may be able to net an [...]
What the other papers say this morning February 1, 2011 FINANCIAL TIMES INVESTORS WARN OVER DEEP WATER DRILLING RISKS Oil companies operating in deep water must do much more to reassure shareholders that they are not taking excessive risks that could put them out of business, representatives of investors with $2,500bn under management have warned. US and European share holders, including state employees’ pension funds [...]
Ian Cheshire to join the DWP board as non-exec January 31, 2011 IAN Cheshire has been appointed as the lead non-executive member on the Department for Work and Pensions (DWP) board. The outspoken Kingfisher chief executive is no stranger to politics. He threw his weight behind a high profile campaign by the Tories to reverse a hike in National Insurance, proposed by Labour before their election defeat. [...]
French giant has started to lose edge January 31, 2011 CARREFOUR’S executives certainly need to do something to revive the retailer’s flagging fortunes. Anyone who has holidayed in France regularly over the last few years will have noticed that the supermarket giant is losing its edge. It used to be that one of the pleasures of hopping across the channel was a trip to l’hypermarché [...]
FTSE struggles as Egypt turmoil unsettles markets January 31, 2011 The FTSE struggled to reclaim a morning of losses as political turmoil in Egypt unsettled investors. The FTSE 100 closed down 0.31 per cent or 18.43 points at 5,862.94, with travel firms suffering most from selloffs. Tour operator TUI Travel shed 2.62 per cent to close at 253p, while mid cap peer Thomas Cook lost [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 27, 2011 FINANCIAL TIMES POLICE TARGET “HACKTIVISTS” An online “hacktivist” group that brought down the websites of perceived opponents of WikiLeaks has itself become the target of an international police crackdown. The London Metropolitan Police arrested five men in connection with a recent spate of attacks by Anonymous, behind last month’s revenge assault on the websites of [...]