Dyson Says M&S Faces 'Unprecedented Price War' in U.K.
- 596:31:23
- Bloomberg
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Dyson Says M&S Faces 'Unprecedented Price War' in U.K.
Ian Dyson, finance director of Marks and Spencer Group Plc, talks with Bloomberg's Rishaad Salamat about the slump in first-quarter sales, the decision to oust the retailer's top food executive and plans to boost market share as the U.K. economy slows. The country's biggest clothing retailer, fell as much as 21 percent to the lowest in more than four years in London trading after it said the worst sales in three years will cause profit to slump. (Source: Bloomberg)
Bloomberg | July 2, 2008
