QuoteSea, the life in a few words
I regard the recent barrage in the press as an unjustified attempt to discredit me and deeply disappointing. I believe the current atmosphere could only realistically lead to a bitterly and publicly fought takeover battle which, in my opinion, would now have a very damaging effect upon Marks & Spencer's employees and brand.
~ Philip Green (March 15, 1952 - )
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The acquired business has now been profitable for three consecutive quarters, in line with the Board's expectations, although regional performance has varied. Now we must meet even higher expectations. We believe our proven business model, an enhanced product portfolio, and a heightened focus on operational efficiency will enable us to optimize profitability across the globe. We are moving quickly to address these issues and to take advantage of the strong demand that exists for our products.