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NIKE
HR Operations Consultant, London
Permanent · London
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ESTÉE LAUDER
Clinique - Consultant - House of Fraser, Norwich - 30 Hours - Full Time, Permanent
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Clinique - Consultant - Boots, Milton Keynes - 14 Hours - Part Time, Permanent
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Clinique - Consultant - Stockton, Boots Teeside - 22 Hours - Part Time - Permanent
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Clinique - Consultant - Boots Stratford City e20 - 7.5 Hours - Permanent
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ICEBREAKER
Key Account Manager
Permanent · LONDON
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SHISEIDO
Field Trainer & Events Manager - Laura Mercier
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SHISEIDO
Bareminerals Account Manager - Boots, Croydon (26 Hours)
Permanent · Grand Londres
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Bareminerals Account Manager - Boots, Kingston (18.75 Hours)
Permanent · Grand Londres
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Clinique - Consultant - Boots, Brent Cross - 6 Hours - Part Time, Permanent
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CONFIDENTIAL
Business Head- Retail
Permanent · DUBAI
THE NORTH FACE
Credit Controller - German Speaking - The North Face
Permanent · CALVERTON
LEVI'S
Senior Product Manager, Digital Partner Selling
Permanent · London
LEVI'S
Ecommerce Project Manager
Permanent · London
LEVI'S
Ecommerce Business Analyst
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SHISEIDO
Brand Manager Nars
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THE NORTH FACE
Credit Controller - Italian Speaking - The North Face
Permanent · CALVERTON
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By
Reuters
Published
May 20, 2013
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Marks & Spencer to post second straight fall in year profit

By
Reuters
Published
May 20, 2013

LONDON - British retailer Marks & Spencer is expected to report its lowest annual profit in four years on Tuesday as a struggling general merchandise division drags on the growth in food sales.

The 129-year-old firm, whose clothing business has posted seven consecutive quarters of underlying sales declines, is forecast by analysts to report a profit before tax and one-off items of 640-670 million pounds ($972 million-$1.0 billion), with a consensus of 658 million pounds, according to a company poll.

M&S made a 706 million pounds profit in 2011-12 and the profit fall will likely impact the performance-related annual bonus of Chief Executive Marc Bolland.

Analysts do, however, forecast a maintained 17 pence a share dividend for the firm, which serves 21 million shoppers a week from over 730 British stores.

Shares in M&S, which have risen 30 percent over the past year after periodic bouts of bid speculation, hit a five-year high last week after its clothing strategy update and eagerly awaited autumn/winter ranges were well received by analysts and the fashion press.

Bolland said M&S would focus on better quality and styles in womenswear, deliver more compelling and clearer sub-brands, and make shopping easier in its stores.

"We think that the market should be careful not to underestimate the positive effect that a well-received womenswear collection could have on the company's financial performance," said Panmure Gordon analyst Jean Roche.

Bolland, CEO since May 2010, is under pressure from investors to revive M&S's clothing business.

The autumn/winter ranges are widely seen as make-or-break for a new general merchandise team, assembled by Bolland and led by John Dixon, the former boss of M&S's food business, and Belinda Earl, the former CEO of Debenhams and Jaeger.

Bolland has repeatedly said the new team will not make a major impact on sales until the ranges start hitting the shops in late July.

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