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Fashion Jobs
L'OREAL GROUP
Giorgio Armani Beauty Business Manager - Brown Thomas Limerick
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MAJE IRLANDE
Assistant Store Manager - bt Dublin H/F
Permanent · DUBLIN 2
BA&SH
Sales Assistant f/m - Full -Time - Brown Thomas Dublin
Permanent · DUBLIN
MAJE
Store Manager - Maternity Cover - Kildare Outlet
Fixed-term · KILDARE
SANDRO IRLANDE
Sales Assistant - 7.5 Hours - Kildare Mixte m/f
Permanent · NURNEY ROAD
MAC
Mac - Retail Artist - bt2, Dundrum - 24 Hours - Part-Time - Permanent
Permanent · Dublin
MAC
Mac Cosmetics - Key Holder - Limerick, Brown Thomas - 37.5 Hours - Full Time, Temporary
Fixed-term · Limerick
MAC
Mac Cosmetics - Key Holder - Blanchardstown, bt2 - 37.5 Hours - Full Time, Permanent
Permanent · Dublin
MAC
Mac Cosmetics - Retail Artist - bt2, Blanchardstown - 24 Hours - Part Time, Permanent
Permanent · Dublin
RITUALS
Rituals Advisor
Permanent · Cork
RITUALS
Assistant Store Manager
Permanent · Dublin
LEVI'S
vm/Sales Stylist 20+ Hours pw
Permanent · Kildare
LA MER
la Mer - Counter Manager - Brown Thomas, Galway - 37.5 Hours - Full-Time - Permanent
Permanent · Galway
RITUALS
Rituals Advisor
Permanent · Dublin 1
L'OREAL GROUP
IT Cosmetics Beauty Advisor bt2 Dundrum (Fixed Term 6 Months)
Fixed-term · Dublin 16
L'OREAL GROUP
l'Oréal Designer Fragrances - Mobile Fragrance Expert Dublin
Permanent · Dublin
L'OREAL GROUP
Lancôme Make-up Artist - Brown Thomas Dublin
Permanent · Dublin
L'OREAL GROUP
Kiehl's Customer Representative (Kcr) Arnotts, Dublin
Permanent · Dublin
HUGO BOSS
Supervisor - Dublin Grafton Street
Permanent · Dublin
RITUALS
Counter Manager
Permanent · Cork
SANDRO IRLANDE
Sales Assistant - 15 Hours - Kildare Mixte m/f
Permanent · NEW YORK
RITUALS
Rituals Advisor
Permanent · Limerick
By
Reuters
Published
Jul 8, 2008
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M&S up on bid talk

By
Reuters
Published
Jul 8, 2008

By Mark Potter

LONDON (Reuters) - Marks and Spencer shares bounced from a 7-1/2 year low on Tuesday on speculation the retailer might become a bid target, although billionaire Philip Green denied market talk he was buying a stake.


"I haven't bought any shares, and I don't own any shares in any retailer," Green, the owner of department store chain Bhs and fashion group Arcadia, told Reuters.

Green abandoned plans for a 9.1 billion pound, or 400 pence a share, bid for Marks and Spencer (M&S) in 2004 after failing to win over the board and enough of the group's shareholders.

Shares in M&S, Britain's biggest clothing retailer, hit a low of 210-1/4 pence on Tuesday, following a profit warning last week, before bouncing to 231-1/2 pence on bid speculation.

"I think M&S is a very interesting acquisition target," said Bernstein analyst Luca Solca.

"There's fundamental value in M&S. The brand is very strong and the stores are certainly better than they were before (Chairman Stuart Rose took the helm in 2004)," he said.

Solca said M&S's extensive property assets could appeal to private equity firms and also thought a tie-up with supermarket chain J Sainsbury , considered by Rose in the past, would make sense.

"The two companies have very similar consumer audiences ... They would be able to provide the market with a very interesting grocery and non-food offer," Solca said.

At 1:00 p.m. British time M&S shares, which have tumbled from a record high of 759 pence in April 2007, were up 4 percent at 225.75 pence, the biggest rise on the benchmark FTSE index .FTSE and valuing the firm at about 3.7 billion pounds.

Shareholders are due to vote on Rose's appointment as executive chairman at the group's annual general meeting (AGM) on Wednesday, and newspaper reports have said up to 30 percent of M&S shareholders plan to abstain or vote against. Combining the roles of chairman and chief executive is against UK corporate governance guidelines.

M&S declined to comment on either the bid speculation or the level of support it expects at the AGM.

(Additional reporting by Michael Taylor; Editing by Quentin Bryar)

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