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RETAILER MARKS AND Spencer today reported a rise in international sales, but said that sales were affected by the recent launch of the company’s new website.
Announcing M&S’s latest quarterly figures today, Chief Executive Marc Bolland said that “as anticipated the settling in of the new M&S.com site has had an impact on sales”.
Like-for-like sales of non-food products were down 1.5%, M&S.com sales fell 8.1%, and food sales rose by 1.7%.
Meanwhile, group sales were up 2.3% in the quarter to the end of June, while international sales were up 4.7%. The company noted that “Trading conditions in the Republic of Ireland continue to be challenging”, and said that Middle East sales were affected “by the timing of shipments to our franchise partners”.
The company says increased sales of its womenswear were driven by its improvements in “quality and style”. M&S says that it expects to return to growth ahead of its peak trading period.
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Boo hoo hoo hoo hoo hoo f****** hoo, so now there average 70,000 per annum wage might be under threat.. Welcome to the real Irish world.
The ESB will stay under state control. This union move is just to get another 10k a year for employees…
Are the ESB workers afraid of efficient working practices? Or of ESB being a competitive company?
Who’d willingly jump off the gravy train
We all know the ESB lads have it handy , new owner means they might have to go and do a bit of work for a change ……. “start the strikes early and get all we can out of the government before they sell ” …………………… all state and semi state bodies are being breastfed by the government —- time for a change in our staple services .
hahaha ESB workers…bye bye to your 4 foreign holidays a year and 70/80.000 salary!!
Well done Gavin Sheridan of TheStory.ie. NAMA will have to crawl further under the rock of secrecy.
Norris has some determination!
Others might call it neck.
Privatisation does not equate with efficiency. It equates with theft, low wages and shit working conditions. Private sector efficiency is bullshit. If there is efficiency it is efficient direction of capital and money to a small cabal of greedy bastards. This is achieved by job losses and effective dismantling of customer service. Wake up you neoliberal automatons they will soon be fucking with your futures too.
I wouldn’t call it neo-liberal to suggest that public-sector spending should have efficient direction of capital. Especially if that capital is paid through our taxes.
have your say