Marks And Spencer Share Discussion Threads

[philanderer] 29/9/2023 09:36

JPMorgan raises Marks & Spencer price target to 170 (150) pence - 'underweight'

[qantas] 28/9/2023 22:08

John Lewis to seek £150 million from sale of 12 Waitrose stores



Please do your own research as always

[philanderer] 28/9/2023 19:14

Ignore the consensus and buy Marks & Spencer

Questor share tip: the retailer’s improving long-term
prospects have not been fully reflected in its share price



investment-consensus-wrong-ignore-it/

[philanderer] 25/9/2023 22:57

Marks & Spencer to sell Adidas and Sweaty Betty online


Marks & Spencer has teamed up with Adidas and Sweaty Betty as it extends its 'brands' strategy.

More than 150 products across the two sportswear brands will launch on M&S' dedicated Sports Edit platform in early October.

M&S is hoping to drive online growth by selling third party brands, with upcoming additions including Columbia, Regatta and Sorel.

It bought a stake in sportswear platform The Sports Edit in March 2022.

Nishi Mahajan, director of third-party brands at M&S, said expanding its sporty ranges was 'just one of the way's we're continuing to become more relevant to our customers' lifestyles.'


Daily Mail

[debsdowner] 25/9/2023 17:27

MARKS adds more sportswear third party brands..



MARKS showcasing it's top food brands

[debsdowner] 22/9/2023 11:20

Retail sales up and consumer confidence improves is latest news.

[debsdowner] 21/9/2023 10:28

NEXT raises it's profit gudance for the third time in four months which is a good sign for MARKS.

[investopia] 19/9/2023 11:19

If it breaks above the high of the recent consolidation, we could see fireworks up to about 250 in short order. Lots of ifs, though.

[debsdowner] 19/9/2023 11:16

Steady rise following good trading at OCADO.

I don't expect fireworks in the short term but maybe a steady rise from here.

[xxxxxy] 19/9/2023 07:57

MarketsOcado wins back middle classes after price cuts - latest updates Updated 3 minutes ago?KEY MOMENTSChosen by us to get you up to speed at a glance7:50amB&Q owner hit by wet weather7:31amEconomy faces slump in demand on par with 20087:11amOcado revenues grow despite shrinking shopping baskets6:40am5 things to start your dayOcado Retail's revenues increased as the online retailer won back the middle classes following a series of price cuts.The company recorded a 7.2pc increase in sales to £569.6m in the third quarter despite the number of items in its average basket slipping from 45 to 44 compared to the same three months last year. Average orders per week on Ocado.com grew 1.9pc to 381,000,It follows a series of price cuts on items like kale, avocados and organic vegetables as it battles to win back market share.Ocado Group's chief executive Tim Steiner admitted in July that the company's joint grocery venture with M&S had been a disappointment so far and is "not where we wanted it to be" at this stage.In its trading update for the three months to August 27, the company maintained its guidance for the full year, forecasting "marginally positive" underlying profit.Ocado Retail's chief executive Hannah Gibson said: "It has now been a year since I joined Ocado Retail and in January we set out our Perfect Execution strategy, making sure every element of our customer proposition and our operating model is at its best. "We are delivering on this plan and have great momentum in the business, with revenue growing faster in Q3 than in H1 and a return to positive volume growth in the last month of the quarter. "The continued progress in Q3 underpins our confidence in delivering our FY23 guidance of mid-single digit revenue growth and full year profitability, and we have started the final quarter positively."... Daily Telegraph

[xxxxxy] 17/9/2023 15:03

Marks & Spencer is set for a return to the FTSE 100 index in September after its share price jumped more than two thirds over the course of a year.The high street giant officially rejoin the top tier of London listed companies on 18 September, following the quarterly index reshuffle, according to analytics group FTSE Russell....The Industry .Fashion

[johnwise] 17/9/2023 07:41

SHARE OF THE WEEK: Marks & Spencer rejoining FTSE 100

Marks & Spencer returns to the FTSE 100 next week after a four-year absence.

It is the latest sign that the High Street favourite has got its mojo back.

Shares in M&S will rejoin the blue chip index on Monday having gained nearly 80 per cent this year, valuing it at £4.3billion.

[xxxxxy] 16/9/2023 10:02

Marks & Spencer has become the latest retailer to drop plastic bags in favour of paper because of concerns about the environment.The new paper bags, rolled out from Friday, will be "super strong" and water resistant, the retailer said.It follows a series of moves from M&S to replace plastic with paper, including changing the packaging of rice and grains to paper bags and boxes.M&S trialled its new paper bags across 10 stores in Britain from last December.... Daily Telegraph

[xxxxxy] 16/9/2023 09:45

John Redwood@johnredwoodWhy does the government offer complex grant schemes to grow less food which many farmers do not want? Why will they not switch that money to back growing more UK food which customers would like?7:04 am · 16 Sep 2023

[sarkasm] 16/9/2023 08:58

Morgan Stanley Upgrades Marks & Spencer to Overweight from Equalweight, Boosts PT
September 13, 2023 at 07:51 am EDT

(MT Newswires) -- Morgan Stanley on Wednesday upgraded Marks & Spencer Group (MKS.L) to overweight from equal weight and increased its price target to 2.80 pounds sterling from 2.44 pounds.

The British retailer was marginally down in Wednesday afternoon trading.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: hxxps://www.mtnewswires.com/contact-us)

Price (GBP): £221.90, Change: £-0.80, Percent Change: -0.36%

[sarkasm] 16/9/2023 08:56

London Stock Exchange 11:35:22 2023-09-15 am EDT





220.00 GBX +0.50%

[philanderer] 15/9/2023 14:03

Marks & Spencer puts John Lewis in the shade

[ccsicemanandrew] 15/9/2023 07:25

Profit taking.

[johnwise] 14/9/2023 21:08

One of fashion's biggest nights at the Vogue World Show

[1mikejay] 14/9/2023 16:21

Lot's of buyers but share price falling ????

[debsdowner] 14/9/2023 11:52

QANTAS

More worrying for John Lewis is it has extended the time scale by a further 2 years to return to profit.

LIDL has also reported a loss but it has opened it's largest distribution warehouse in the world and has no ceiling to the amount of stores it can open..

[zztop] 13/9/2023 09:45

https://defconnews.com/2023/09/11/once-posh-beverly-hills-now-littered-with-closed-stores-amid-california-crime-wave/