Irish Staff and shopping centres in Ireland have been dealt a blow after the group that owns the Dorothy Perkins-Evans-Miss Selfridge stores said it was closing six shops, including in Cork, Dublin, and Galway.

Shares in Marks & Spencer tumbled the most in two-and-a-half years yesterday after the retailer said it will finance a nearly €870m investment in online retailer Ocado with new shares and cut its dividend.

The closures will affect its clothing and home stores, which have underperformed for several years.

Retail giant Marks & Spencer has revealed an 8.9% plunge in sales at its clothing arm amid pre-Brexit vote jitters on the high street and a cutback on promotions.

The City will look for more details on how the new boss at Marks & Spencer plans to turn the retailer around, profits at airline Ryanair are expected to soar despite recent terror attacks, while top brass at Royal Dutch Shell will be wary of a rough ride over pay at the oil major's AGM.

Alexa Chung and Marks & Spencer launch a vintage-inspired fashion line next week. Rachel Marie Walsh takes a look at the style icon’s rise and rise

TV presenter Alexa Chung is to tie up with Marks & Spencer to launch a fashion collection inspired by the high street giant’s extensive archives.

Marks & Spencer chief executive Marc Bolland will step down after failing to revive clothing sales in almost six years at the British retailing bellwether.

Shares at Marks & Spencer were on the front foot after the retail giant unveiled a better-than-expected rise in half-year profits, but saw a further fall in sales at its embattled clothing arm as it cut back on sales promotions.

Marks & Spencer boss Marc Bolland has seen his total pay package jump by nearly a third after landing a £596,000 bonus for delivering the retailer's first annual profits increase for four years.

A must-have brown suede skirt is credited with having turned round the fortunes of Marks & Spencer.

Marks & Spencer has registered a surprise improvement in sales at its clothing division – the first rise in more than three years of trading.

Limerick bananas with spider eggs attached, the Sinn Féin MEP convicted of speeding, an insight into Roy Keane's management style, a maths quiz and a new Ed Sheeran song. These are some of the latest and most read news on irishexaminer.com this lunchtime