write an article on the treasury profile for marks & spencer plc

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Hi, I am looking for someone to write an article on the treasury profile for marks & spencer plc Paper must be at least 3500 words. Please, no plagiarized work! The strategies and policies for administering these risks are being deliberated in this research essay.

M& S is offering high grade quality clothing, exotic food and top grade home products. It has also expanded its operations in many foreign nations and is now operating in 43 foreign locations other than UK. M& S offers a wide range of high grade quality clothing, exotic food and top grade home products, which includes categories like kitchen accessories, house accessories, novelty gifts, decorations, various brands TVs, women’s accessories and clothing, men’s underwear accessories and clothing, office supplies, lingerie, men’s shoes, etc. Marks & Spencer Group is having a centralised Group treasury department to administer the funding requirements of the group and to manage the financial risk in tune with its approved Board’s treasury procedures and policies and operate within their delegated powers.

M&S is having a record of twenty –one million satisfied customers in UK alone. It has achieved only a marginal increase in sales of 0.44% in the year 2009 as compared to 2008 due to impact of global economic recession. M& S is constantly paying its attention to customers by frequent surveys and research analysis, by monitoring sales and direct feedback from its customer’s service team.

M& S is one of the leading retail chain stores in UK and also operates in many other countries. It has record sales of £ M 9062.10 in the year 2009. Given its scale and size of the company, it is under heavy pressure to finance its both working capital needs and also in the long-term debt needs. To facilitate its funding needs, M&S group is operating a centralised Group treasury department to administer the funding needs of the group and to manage and control the financial risks in line with its Board of Director’s acknowledged treasury policies and with help of their delegated authorities.