M&S directors have faith August 16th, 2008
The deputy chairman of Marks & Spencer, Sir David Michels has bought 37,734 shares, together with Michele Michels. This takes Sir David’s holding to 113,984 shares. Like any other retailer, M&S has been experiencing difficult trading conditions. However, the shares closed the week 10.25p up at 276p on the news of the share deal and sales growth witnessed by two other companies in the sector - John Lewis and H&M.
August 17th, 2008 at 10:16 am
M&S directors have faith…
It’s nearly always a good sign when the directors of a company buy shares in it. It shows confidence that an upturn is around the corner….