John Lewis crashes through £100 million weekly sales barrier: Department store John Lewis said sales in the week ending 15 November rose 7.2% compared to the same time last year.
Press reaction to new FD appoint.
Marks & Spencer has appointed a new finance director in the form of John Lewis's Helen Weir. Weir will take up her role after working her six-month notice period at John Lewis, where she has been the finance director for less than three years. Her appointment follows a four-month search by M&S for a replacement for Alan Stewart, who handed in his notice in July to take up a role at Tesco. M&S chief executive Marc Bolland said Weir, who is also a non-executive director of SABMiller, is "extremely well qualified" and "brings a wealth of relevant financial, retail and consumer experience". Weir, who used to be head of retail at Lloyds, added: "This is an exciting time to be joining the company and I am delighted to be part of the team."
7 Nov '14
Well, shouldn't be to difficult for them to make money shorting mks at this-those levels. Even bod is selling out, they have no confidence in their own business - sp recovering short-mid or long term. They could've waited few days-weeks and not make it so obvious, but they didn't, they wanted to sell at the peak never mind shareholders high hopes for recovery.
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