3 - VHS, Analysts Conference

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In Folder: 1 - Internal M&S VHS Videos

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3 - VHS, Analysts Conference

Marks and Spencer-Year End Results 1998-99. Chief Executive Peter Salsbury introduces the new team on the panel and outlines the structure and topics to be discussed at the conference. Salisbury announces the talking part of the conference will last for 45 minutes and this will be followed by questions from the audience. Finance Director Robert Colville begins by discussing the Group Summary which includes pre-tax profits and accountability. Then Managing Director of UK Retail Andrew Stone talks of changing ranges to co-ordinated collections and lifestyles to meet the new demands of the needs of customers. Examples he uses include lingerie and the launch of the 'Café Select' range and new children's range on foods. Managing Director for Overseas Retail Guy McCracken then speaks about the unfortunate low profit turnover in Marks and Spencer's overseas stores. This is followed by Robert Colville who talks about financial services such as store cards and life assurance. This is finished off with a round of questions from the audience. Running Time: 1:34:17 mins

Date: 18 May 1999

Reference Number: P10/1/3

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