Marks And Spencer Share Discussion Threads

[debsdowner] 25/7/2024 17:04

QUANTAS,

"Ocado and M&S have been named the fastest growing retailers over the past 12 weeks, with sales up 12.9% and 8.6%, respectively."

Unfortunately KANTAR doesn't include MARKS in their monthly data on grocery market share.

Moreover Neilson (NIQ) data isn't published on a regular basis.

However looking at the data from the link you have placed on this forum this is probably why the share price has spiked up recently.

What we don't have is the non food side and we will have to wait for a trading update in that respect.

[johnwise] 25/7/2024 09:53

M&S partners with Cygnet Gin founder

Katherine Jenkins OBE, the founder of Cygnet Gin, has been named a food ambassador for British retailer Marks & Spencer (M&S).

Jenkins said: “I’m absolutely thrilled to join the M&S family as their newest food ambassador. Growing up in Wales, M&S was always the go-to destination for the most sustainable top- quality food and drink and so it was already a perfect match for my beloved Cygnet Gin, which I’m delighted is now on shelves in more Foodhalls than ever before.”

[qantas] 25/7/2024 03:55

Fun Fact more good news



OCADO AND M&S NAMED FASTEST GROWING UK SUPERMARKETS

Please do your own research as always and always follow FCA guidelines

[debsdowner] 24/7/2024 11:41

Luxury market being hit by Chinese buyers but I suspect it is mainly London...

[johnwise] 24/7/2024 08:37

M&S Newton Mearns has reopened after huge investment

M&S opened its store in the town on Tuesday, July 23, after it had been shut for almost six weeks.

The shop was closed to allow refurbishment work to take place as part of a £3.2million investment.

Scroll down page for photos.

[johnwise] 22/7/2024 19:15

Alexa Chung’s Favourite New Sunnies Are £20 From M&S

[johnwise] 22/7/2024 11:00

Bento opens sushi bar in M&S Grafton Street


The opening of the kiosk in the Grafton Street store has created seven jobs in the local area

Bento Sushi and Pan-Asian Kitchen has recently opened a sushi bar in M&S Grafton Street, creating seven new jobs.

The opening of the new Dublin city outlet follows the success of its kiosks in M&S stores in Liffey Valley, Dundrum, Blackrock and Mary Street.

Commenting on the opening, Laura Harper, M&S trading director Ireland and Northern Ireland, said: “M&S customers expect quality produce at great value, and Bento certainly meets that criteria.

“We have already seen great success of Bento at our other M&S stores across Dublin and are delighted to expand this offering to our Grafton Street customers.”

[debsdowner] 22/7/2024 10:43

With regard to the surge in Marks share price it doesn't really surprise me as I had a longer term price the current target and so did some of the other analysts.

Most the new brands must be making the difference and the food business doing well.

[debsdowner] 22/7/2024 10:40

darrin,

You been quiet on here for a while ?

John Lewis is to tie up with Timpson for a repair service.

Marks and a few others have a repair service but it will only take up a tiny part of a retailers service as it simply is too costly for a lower priced garment. I suspect in some cases the repair will be half the garment new cost or at the very least 25% to 33%.

Any thoughts on the repair cost darrin?

[darrin1471] 22/7/2024 09:17

Qantas. That was your 15,000th post.

[johnwise] 22/7/2024 09:07

Marks & Spencer's £49.50 fisherman sandals are giving us major designer vibes

They're the style of the moment

Looking to invest in a great-value high-street pair? We have good news for you. Marks & Spencer has released its own take on the footwear style of the moment, and it's giving us major designer vibes (think The Row's £1k fisherman sandals of dreams, for a fraction of the price) .

[johnwise] 22/7/2024 07:46

Ex-Asos chief Nick Beighton joins Shein backlash


The former boss of Asos has joined growing criticism of fast fashion giant Shein in asking whether it should list on the London Stock Exchange.

Nick Beighton, who turned Asos into one of the UK's biggest clothing retailers as chief executive from 2016 to 2021, is the latest industry figure to raise questions about the Singapore-based firm. Shein is reportedly seeking to join the market in a £50 billion float.

'Some of how it is producing garments, the lack of transparency, its renowned opaqueness, makes me very nervous,' he said. 'I think the London Stock Exchange should be the premier place for the best brands, the best industries, and the highest standards.'

High Street retailers are also unhappy because Shein dodges hefty customs duty as it ships direct to online shoppers from China.

[cheaky monkey] 19/7/2024 15:21

Indeed, nice to see though ?

[gswredland] 19/7/2024 15:13

Wonder what has suddenly caused this surge forward?

[debsdowner] 19/7/2024 11:44

Retail sales slumped in June more than expected..



Early July not much better imo due to poor weather.

[philanderer] 19/7/2024 10:21

Already priced in ?

'Retail sales slump by more than forecast in Great Britain amid poor weather'

Drop of 1.2% in June comes as households rein in spending during cost of living crisis

[johnwise] 19/7/2024 07:54

M&S introduces new kidswear collaboration with all profits going to YoungMinds


Marks & Spencer has collaborated with Joe Whale, aka The Doodle Boy, on a new collection of kidswear items for the summer

The 13-piece range of bomber jackets, t-shirts, shorts, joggers and sports-style socks all feature the 14-year-old artist and cartoonist’s signature doodles and phrases to remind kids to always have the confidence to be themselves.

All profits from the collection will go the YoungMinds mental health charity for young people.

[johnwise] 18/7/2024 20:50

The biggest problem with Climate Change

Konstantin Kisin

[debsdowner] 18/7/2024 13:57

Some of the reasons behind Burberry's profit warning...



Too reliant on exports such as China and trying to sustain profits by pushing up prices too high.

[debsdowner] 18/7/2024 13:40

johnwise

""Net Zero push"

Do the public realize that by voting for net zero they’ve committed themselves to consuming less, because that’s the only way it works. And that by consuming less it means less consumer spending so the economy will slow. No point in "going green" when the green is being built over and the population is being increased at an ever increasingly unsustainable rate."

Unfortunately you are correct going to net zero or going green means less consumption in the end and less consumption equates to less spend.

Most retailers suggest they are making moves in that direction, Marks has now a mending service but in the end they still want to increase sales.

Going to net zero is a headache for retailers however they can do little about it if consumers decide they will go green and slow down their spend retailers can do little about this.

[johnwise] 18/7/2024 13:07

Inside Marks and Spencer's newest Scottish store amid £30m investment


The new store in Dundee features a food hall, café and clothing and beauty departments.

The 48,000 sq ft shop, which features a food hall, café and clothing and beauty departments, opened on Tuesday, July 16.

Located at Gallagher Retail Park, the opening of the new store was marked by a pipe band and a giant inflatable Percy Pig outside the shop front.

The new Dundee outlet is part of a quintet of new stores in Scotland as announced in January, with shops in Aberdeen, Edinburgh, Largs and Linlithgow also set to open.

M&S said it is aiming to create over 6,500 jobs with the new stores, with £15m earmarked to double the size of Aberdeen’s existing Union Square outlet as a flagship store.

[debsdowner] 18/7/2024 10:53

FRASERS group finals released today...



Frasers are gloating with their APBT which has increased in double digits, however if you dig deeper sales are down slightly and some creative accountancy with actual profits !

[johnwise] 18/7/2024 07:33

America refused them a stock market listing


'Queen of Shops' Mary Portas calls on the UK stock exchange to block £50bn Shein float

Retail guru Mary Portas has backed the opposition to the proposed UK stock market listing by fast-fashion giant Shein.

She said: ‘This is a company with allegations of unethical business practices, modern slavery and violating labour laws. Surely we are better than this?’

Shein has reportedly filed papers with the Financial Conduct Authority – the first step to a listing.