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Potential impact of brexit in marks and spencer
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Resumo(s)
Brexit still did not happen, but its consequences already came up: consumer confidence index (CCI)in UK has been decreasing since the election, the housing market has been softening and there are signs of a step-down in transactions. The future consequences can be severe for M&S and to the UK retail segment in general: (1) CCI decrease, (2) GBP devaluation, (3) less immigration and (4) more operational complexity in selling products outside the UK can be relevant for M&S and affect FCF for investors. The company should make effort to hedge these risks.
Descrição
Palavras-chave
Brexit Marks and spencer Retailer Grocer