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M&S to appoint a Frenchman to lead marketing strategy Tuesday, 21st May 2013
Marks & Spencer will be appointing a Frenchman to lead its marketing strategy to reverse the decline of its clothing sales.
Macy's earnings per share rise for 15th consecutive year Monday, 20th May 2013
Macy’s Inc. is keeping the pressure on to emulate rising sales figures after its earnings per share rose for the 15th consecutive year. According to WWD, Macy’s first quarter results show that they achieved a 13th straight quarterly comp gain of at least 3 per cent and sales have rose by more than USD 1 billion in each of the last three years.
Luxury watch retailers at Hong Kong report negative financial results Monday, 20th May 2013
Hong Kong which is the world's significant market for luxury watches are experiencing the effects of the fall in demand by Chinese travellers.
Marks & Spencer next in line to face criticism for corporate tax structure Monday, 20th May 2013
Marks & Spencer has become embroiled in the corporate tax debacle which has seen tax campaigners criticise big companies about the way they structure its online sales to Europe. The Guardian has recently launched an investigation into companies who appear to be exploiting lenient tax rules by invoicing transactions to countries with the lowest corporate tax rates.