Marks And Spencer Share Discussion Threads

[pierre oreilly] 16/8/2021 09:05

Jeez Deb's, I had steak and kidney pie last night - is that bad for the m&s share price too?

[debsdowner] 16/8/2021 09:02

Rigthmove:

"UK house prices dropped 0.3% month on month in August, according to Rightmove. First decline in house prices this year."

A house price fall could knock confidence and the banks for that matter, hence both footse and 100 falls. MARKS tedns to fall with both indexes.

[neilhumphreys] 15/8/2021 20:02

Good grief !! Most people on here appear to have short term amnesia! Why the repetition?

Also why is there never anything new to read here??? I learn nothing on this board, it is a waste of time and I’m unlikely to get that time back!

I suggest you all pull your socks up, I expect to find an improvement in future or you’ll all be for the high jump!!!

[debsdowner] 15/8/2021 19:03

mitchy, well done.

[debsdowner] 15/8/2021 11:59

No Holly for Christmas this year

[debsdowner] 15/8/2021 11:25

PO, hope your daughter's business has been unafected by covid or if it has it picks up again, its the small businesses that make this country. We will have to differ on discounts, I have a good understanding on the bottom line.

mitchy if you wnat to post a link properly replace the first h in the web url to a capital ie h to H and anyone can just click onto the link.

[mitchy] 15/8/2021 08:36

https://www.dailymail.co.uk/tvshowbiz/article-9893363/M-S-Christmas-ads-lead-role-goes-woke-American-model-Holly-Willoughby.html?adobe_mc=TS%3D1629012767%7CMCAID%3D3029AFB0AB589AED-600019529FA0DA03The new MKS Xmas advert is clearly aimed at a younger audience .

[smurfy2001] 14/8/2021 20:10

All my shopping is M&S nowadays thanks to Ocado. I’m sure this will re-rate in due course thanks to Ocado.

[xxxxxy] 14/8/2021 19:32

Cryptocurrency and supermarkets....htTps://www.thegrocer.co.uk/technology-and-supply-chain/cryptocurrency-amazon-and-when-well-be-paying-with-bitcoin-at-the-supermarket/658653.article

[shoesize19] 14/8/2021 19:24

Poo , Please stop saying Debsdowner is delusional.

Would it not be better to move to china to live with your Daughter .

Then this thread will be a nicer place to come onto .

[pierre oreilly] 14/8/2021 18:39

Been nice(ish) talking debs, but you've repeated 'you're delusional' too many times. My daughter runs a successful uk specialist clothing company, doing very well, net based, premium prices, unfortunately all material from china/thailand sourced with really no uk offerings of the specialist high tech materials she uses. Nevertheless, she provides an insight to the retail market.

You seem pretty strangely obsessed with 'discounted by 50%' etc etc. seemingly unaware that the discount is from a retailer controlled and variable basis and as such the discount means absolutely nothing at all. It's the 10x/15x markup which is important, whatever techniques and marketing enables that. Anyhow, I'll leave he last word to you. I suggest 'delusional' yet again.

[debsdowner] 14/8/2021 18:26

PO you are delusional if you think MARKS get the jacket for a tenner.

If you understand accounts and gross profits in retail most stuff in clothes gets a mark up from manufactireres of 100%.

So as an example in most cases MARKS gets a Jacket for £100 it marks up then to £200. If it slow to sell Marks would discount to maybe 10% or 20% they dont want to discounbt at 50% because all the margin has gone.

If hyou dont beleive me look at MARKS sales less stock and then the gross profit. Unfortunately because they don't sepparate clothes from food it the figures are distorted.

However you can look at NEXT or any other retailer to get nomal profit margins.

[netcurtains] 14/8/2021 17:52

PO: M&S have a new director in charge of Jaeger so I think they own the full monty.

[pierre oreilly] 14/8/2021 17:06

Well marks pays a tenner max for that coat delivered to their warehouse, ime, They can stick whatever initial price they want on it. £75, £150, £350. They could sell it full price at £75, or half price at £75 or 80% off special at £75, while selling the odd one at the current full price they dream up. It's called marketing. We're talking about gross profit - out of which comes the salaries rent and divis. If you somehow think they pay £70 for a jacket and then mark it up by a fiver, then i think you're mistaken.

I agree net, they'll want to get Jeager in their stores before christmas. But it's possible the store rights may belong to others, and they can't. I doubt we'll ever know.

The whole legacy issue surrounding marks is their staid old woman image. And the ad implying you've got to be fat to shop there was madness and damaging. Getting into food was a great move some years ago, and it is highly regarded there. The staid clothing image is changing atm, hence the opportunity for those who believe it. The divi restoration plus the payment of passed divis, as others have done, will change investors' views. I invest for years, so not bothered about the price tomorrow or the next.

I've heard debs' bear points - i must admit i don't really understand them all, but where i do i disagree that they are pertain at all. But each to their own of course.

[debsdowner] 14/8/2021 16:28

PO, Of course I know MARKS own Jaeger you silly person, what I am saying is all the profit gone on a premium brand. Doesn't that say anything to you?

Its all very well having a good brand but they arent making much if any profit on the brand.

A good retailer will want to sell at full whack as much as they can and avoid sales.

Now I am not saying buying Jaeger was a bad deal at the time I said it was a good deal bu the MARKS website llacks that appeal which John Lewis has.

[netcurtains] 14/8/2021 16:22

If M&S have any sense, come Christmas, they should whack Jeager all over their stores. Jeager has "Posh Christmas Present" written all over it.
This is also true for quite a few of the other new M&S brands.
We could have a bumper Christmas (touchwood).

[pierre oreilly] 14/8/2021 14:39

The Jeager brand is owned by marks.Which rather nullifies your (itself incorrect) reasoning that there's not much profit left after the brand owner's cut.Sort of the inverse of your argument really. Marks gets a cut of everything sold in the Jeager shops and online platform (those aren't owned by mns).Not sure why you have a downer here. The strategy is really progressive. Now you know mns own the Jeager brand, does that alter your opinion? It's grabbing much of the debenham's store and online business. Something is making you miss out on a pretty good investment opportunity.

[debsdowner] 14/8/2021 13:58

Mens Jaeger jacket less than half price, not much profit on this item if any at all:

[pierre oreilly] 14/8/2021 12:27

They won't sell to marks. Marks will just pass the order on and profit share.

I think you underestimate the profit in retail clothing. They can discount by 70% and still make a thumping profit (simply by upping the price they are discounting from).

I was in Marks the other day. Didn't notice any shortage of clothing for sale (Don't tell me, that just means nothing is selling!).

Still, if you don't like their clothes or you think they won't have whatever you want in stock, the simply don't go there. Likewise, if you don't like the company, don't buy shares in it. Makes no difference whatever you, or I or any other pi does.

[debsdowner] 14/8/2021 11:34

PO, Craghopers havwe to make their margin before they sell to MARKS. Ita the same with Joules they have to make a margin as well and you are delusioned if you think the public pay full price for most garments they do not.

Moat of the public look for discounts and then tend to buy.

Jaeger is a different matter as they own the brand but they have been discounting heavily on some of their summer ranges some well over 50% off marked price and nearer 70& off on a few items of clothing.

Retail is a very fickle thing to be in, its either too cold too rainy or too warm and if you get the fashion wrong you are stuck with stock and if you order the wrong amount of stock you are left without stock and it can take too long to get new stock.

When MARKS releid on UK made stuff it could get stock quite easily but it cannnot do that now if it comes from China then the ship gets stuck somewhere like happened in the suez cannal.

[netcurtains] 14/8/2021 10:03

PO: I think M&S men's strategy is right - although eventually I think they should introduce their top brands instore (but slowly). In store they concentrate on
1. socks & underwear.
2. jeans
3. t-shirts
4. Pyjamas
5. footwear

Online they have introduced fancy brands. I think the Jaeger for Men brand on their online site is fantastic. The prices are really good for such a famous label (which I think they own outright now).

Scroll through the Jaeger section. Its pretty good:


Eventually I would like to see some of these famous brands in store too - especially Jaeger for men (which they own outright).

[pierre oreilly] 14/8/2021 09:57

Ah I see where you've gone very wrong Deb's, you missed the bit where it's partnerships in mns.com, and not the high st stores.So marginal overheads pretty much 150 quid for some web page editing (in fact, thinking about it, the marginal cost of the jvs is zero if in house web designers).Simple mistake to make if you don't read carefully.

[pierre oreilly] 14/8/2021 09:51

Deb's, profits thin? Really?Jacket, retail 150. Cost to craigh, 5 squid.Profit 72 quid to mns for routing the order, 72quid to craigh for the donkey work.Cost to mns, 2h of web designer time for say 300 sales. Multiply up for each product from each partner.The strategy is sound. Probably called something like 'leveraging our brand' or somesuch. Anal cysts love those sorts of words.

[debsdowner] 14/8/2021 09:37

mitchy you need to alter the first h in the url to a capital to make a proper link



Craghopers isn't the best brand out there which is making me curious as to MARKS strategy, as its a third party brand the margins will be thin.

I dont know much about their other brands but they are becoming just like the old fashion department store now.

Department stores lost their appeal this is where Debenhams faltered and the strategy is starting to look flawed now imo.

John Lewis however is more upmarket and careful who they do business with.

MARKS is becomimg just another NEXT with higher overheads.