Marks And Spencer Share Discussion Threads

[johnwise] 30/5/2024 06:28

Marks and Spencer appoints Rightmove's Alison Dolan as its new finance chief


Chief executive Stuart Machin said: ‘We are fortunate to attract somebody of Alison’s calibre who will be a fantastic addition to the leadership team and with so much experience in fast paced, digitally led businesses, she will help us in this next phase of transforming M&S.’

After years of its fashion lines being derided as ‘dowdy’, the retailer has bolstered its credentials and managed to entice new and younger shoppers.

It has also swung back into style – thanks to star-studded partnerships, including actress Sienna Miller and the Ted Lasso TV star Hannah Waddingham.

[ccsicemanandrew] 29/5/2024 16:27

I hope nobody makes investment decisions based on any posts on here.But maybe that's why 9 out of 10 private investors lose their money.

[philanderer] 29/5/2024 10:04

Marks & Spencer has just unveiled its latest menswear collection as the official tailor for the England football Teams, continuing a longstanding partnership with the English FA.

Launching on May 23rd, the collection marks the second year of the current three-year collaboration, extending a relationship that began in 2007.

The most recent collection features 16 pieces designed to bridge the gap between formalwear and casual comfort, inspired by the diverse and relatable personalities of the England players.

[...]

[debsdowner] 29/5/2024 08:33

MKS powering past £3 mark next level £3.50

[johnwise] 29/5/2024 07:37

Marks & Spencer is to invest £30 million in its London store estate over the next year.

The move will create around 100 jobs.

The retailer said it will be refreshing 12 existing shops in the capital and will also be opening market style food halls in Sidcup and Friern Barnet.

The 7,200 square foot Sidcup store will be opening shortly while the 18,000 square foot Friern Barnet site is expected to launch in August.

Stores identified for modernisation include shops in Teddington, Blackheath, Islington and Chancery Lane. The refreshed stores will have bigger in-store bakeries, as well as flower and wine shops, They will also offer click and collect services.

Sasha Berendji, operations director at M&S, said: “We cannot wait to bring the magic of M&S to more customers across the capital. Expanding our presence in London is a key part of our growth strategy – our market share in food is higher here than any region in England and there is plenty of untapped potential.”

M&S is currently implementing a store rotation programme as part of its Reshape for Growth strategy. Last week the retailer said that its investment in stores was paying off as its new sites are performing ahead of expectations.

[debsdowner] 28/5/2024 16:23

Presumably your post is at netcurtains.

[thebears1] 28/5/2024 16:13

TypoAt TK Maxx

[thebears1] 28/5/2024 16:12

Are you a MKS investor?I actually can't work out what you're doing on this chat?If you are an investor, then why do you keep talking the company down? And if you're not an investor who cares whether you buy your clothes or TK Maxx?

[philanderer] 28/5/2024 15:04

Yes, fingers crossed.

ex dividend thursday for the 2p dividend

[debsdowner] 28/5/2024 13:17

netcurtains

With all the brands MARKS has and outlined by johnwise link MKS is a "one stop shop". TKmaxx hasn't the amount of brands and stock MKS has.

Marks now broken out again the £3 level anyone who has followed me has done better than the market.

[philanderer] 28/5/2024 11:20

'M&S to invest £30 million in London store estate and boost jobs'

Retailers confidence grows after customers return

[philanderer] 28/5/2024 11:08

Royal Bank of Canada raises Marks & Spencer price target to 325 (300) pence - 'outperform'

[johnwise] 27/5/2024 10:20

If you want to look smart with quality at a fair price, then there is M&S..If you want to dress down then there is tkmaxx..If you want to dress down with clothes that look a rag after the first wash then you can shop at Primark?

[netcurtains] 27/5/2024 07:51

M&S lost me a year or two ago.
Nowadays I always get my socks, pants, t-shirts and jumpers at tkmaxx...
TK have a much bigger range and better prices.

[johnwise] 26/5/2024 22:36

RUTH SUNDERLAND: Cheer up, City may be struggling but we've got M&S

Perhaps it is a slight exaggeration to say that when Marks & Spencer does well, the whole country feels better.

[qantas] 25/5/2024 12:06

The FCA has fined HSBC UK Bank plc, HSBC Bank plc and Marks and Spencer Financial Services plc (HSBC) £6,280,100 for failures in its treatment of customers who were in arrears or experiencing financial difficulty.

Please o your own research as always and follow FCA guidelines.

[philanderer] 25/5/2024 00:21

'M&S clothes are back in fashion - how about its shares?'

[johnwise] 24/5/2024 16:00

This Summer keep your cool | Summer by M&S
Video

[debsdowner] 24/5/2024 09:01

Retail sales plunge due to wet weather in Spring....

[philanderer] 23/5/2024 13:44

Jefferies raises Marks & Spencer price target to 330 (310) pence - 'buy'

JPMorgan raises Marks & Spencer price target to 360 (330) pence - 'overweight'

Goldman Sachs raises Marks & Spencer price target to 375 (350) pence - 'buy'

Deutsche Bank raises Marks & Spencer target to 350 (315) pence - 'buy'

[philanderer] 23/5/2024 00:28

Investors Chronicle..

M&S shines as profits surge 58%

The transformation programme is delivering tangible results


...Peel Hunt analysts think there is "virtually nothing not to like, and believe investors are spending too much time looking back here. It is hard not to be in the 'believers' camp now".

Profit growth is likely to slow this year, and a valuation of 11 times forward consensus earnings is slightly more expensive than the five-year average. But it is hard to argue that the transformation programme isn't now bearing serious fruit.

Buy

[ayl30] 22/5/2024 17:56

Don't be too frustrated, quality will win in the end

[ccsicemanandrew] 22/5/2024 16:42

Yes annoys me that on another day it would have been above 300 pence at close.But general market drags it down.Although I'm sure plenty took profits today.

[philanderer] 22/5/2024 15:38

All wasted on a sh1te market day.