Marks & Spencer yesterday (Tuesday) announced plunging profits for the year to March 31. Profits before tax, exceptional items and accounting charges fell 41 per cent to 656m from 1.11bn last year. Sales fell to 6.6bn
KP Foods is centralising crisps and snacks marketing at its Twickenham headquarters. The move will result in a number of job cuts, but the company refuses to say how many.
Credit Suisse First Boston has appointed Libby Hills, former director at Omnicom-owned financial and business agency Doremus, as its new head of European advertising.
Goldfish Guides has signed a deal with Home Electrical Direct to deliver featured products to customers at reduced rates.
Thomas Cook Interactive has appointed Alexa Clark, formerly head of online applications for BT, as marketing director.
Holiday Autos, the car rental company, is threatening legal action against competitor Autos Abroad after the company placed national press ads similar in colour and style to its own.
Jersey European Airways has appointed former Air UK marketing services manager Ninian Yule as marketing services manager.
The Royal College of Art is promoting its design exhibition, The Show, with an advertising campaign (right) through J Walter Thompson. Press and radio ads will be supported by executions on bus-sides, in phoneboxes and at Piccadilly Circus.
Forty-six per cent of people plan to spend Millennium Eve at home, according to research commissioned by the Whitbread Beer Company.
Icstis, the premium rate telephone services watchdog, has reported a 72 per cent increase in complaints for 1998 over the previous year.
The Mobile Phone Store has appointed Nigel Knight managing director. He joins from BTCellnet, where he was general manager.
Scottish Telecom is launching an online mobile phone retail operation, called ‘buzz’. The service is aimed at youth buyers of pre-pay phones and vouchers.
Goldman Sachs, the investment bank, is launching its first global advertising campaign, created by Ammirati Puris Lintas. The push is believed to be worth $10m (6.25m).