Marks & Spencer Group Plc - apparel and textile industry company news 
MAURITIUS: Cost cuts help Ciel Textiles treble 9-month profit
16 May 2012
Mauritius-based apparel major Ciel Textiles has seen its nine-month profit more than treble thanks to improved efficiency and aggressive cost cutting.
SOUTH EAST ASIA: Migrant workers face factory exploitation
14 May 2012
Migrant garment workers in factories in Thailand, Cambodia and Malaysia making clothes for western fashion brands are facing state oppression and exploitation by their employers, according to claims in a new report released today (14 May).
UK: Primark taps M&S sourcing head Garry Gordon
11 May 2012
UK based value fashion retailer Primark today (11 May) confirmed that it has appointed Marks & Spencer's head of sourcing Garry Gordon as group sourcing director.
UK: Summit to discuss retail supply chain challenges
10 May 2012
Executives from Wal-Mart, Metro, Marks & Spencer and Primark are taking part in a two-day event in London next week looking at the challenges facing the retail supply chain.
UK: Rosie Huntington-Whiteley to design M&S lingerie line
1 May 2012
British model Rosie Huntington-Whiteley is to turn designer for the first time, with a new lingerie range for high street retailer Marks & Spencer.
M&S trying to change the way consumers buy clothes
26 April 2012
The UK's biggest clothing retailer Marks & Spencer hopes to recycle up to 350 million garments a year under a new scheme that calls on its customers to donate one item of clothing every time they buy another. Executive director Steven Sharp spoke to Petah Marian about the new Shwopping initiative, launched today (26 April) in partnership with Oxfam.
UK: M&S "Shwopping" scheme to cut clothing waste
26 April 2012
Retailer Marks & Spencer today (26 April) launched a clothing recycling scheme called "Shwopping, which encourages customers to donate an unwanted piece of clothing when they buy a new one.
VIETNAM: NBC begins construction of $2.4m garment plant
23 April 2012
An Phat Garment Joint Stock Company (JSC), a subsidiary of Vietnam's leading garment maker Nha Be Garment JSC (NBC), has begun construction on a new $2.4m garment plant.
Top stories on just-style this week...
20 April 2012
Top stories on just-style this week included a reality check about uncompetitive China, Marks & Spencer admitting to running short of its best-selling women's wear lines during its fourth-quarter, and Uniqlo planning to open a store in San Francisco this autumn.
Comment: Strategies for success (Part V) - the problem with Gap
19 April 2012
In his fifth, and final, article in a series looking at strategies to succeed in a period of industry decline, David Birnbaum explains why he believes US retailer Gap has been going consistently downhill for the past 10 years.
M&S admits being caught out by stock shortages
17 April 2012
Retailer Marks & Spencer today (17 April) admitted a failure to buy deeply enough on its best-selling women's wear lines led to a decline in fourth quarter clothing sales.
Marks & Spencer trading update: what the analysts say
17 April 2012
After Marks & Spencer today (17 April) posted a surprise decline in fourth-quarter sales, the industry's reaction to the results was mostly positive - despite the retailer admitting to running out of stock in some of its best selling women's wear lines. Here is a flavour of what leading retail analysts had to say about M&S's performance.
UK: M&S Q4 clothing sales hit by inventory issues
17 April 2012
Retailer Marks & Spencer today (17 April) revealed a decline in fourth-quarter clothing sales, admitting to running short of stock in a number of its best selling women's wear lines.
HONG KONG: Sourcing specialist Connor wins ethical accolade
16 April 2012
Hong Kong based sourcing specialist William E Connor & Associates has been named as one of world's most ethical companies by a US business ethics think-tank - an accolade that marks a first in sourcing and in Asia.
Top stories on just-style this week...
13 April 2012
Top stories on just-style last week included the numbers of retailers collapsing into administration increased by 15%, JCPenney cutting 600 jobs at its headquarters and 48 apparel brands and retailers have been accused of purchasing clothing from suppliers who illegally discharge polluted water in China.
CHINA: Global brands hit by new claims of textile pollution
11 April 2012
Some 48 apparel brands and retailers including H&M, Nike, Wal-Mart, Levi's, Adidas, Gap and Marks & Spencer have been accused of purchasing clothing from suppliers who illegally discharge polluted water in China.
GAFTI gets tough on audit fatigue
4 April 2012
With increasing numbers of apparel and footwear brands, retailers and manufacturers weighed down by so-called "audit fatigue" - an estimated $2bn is spent by the industry each year on audits - it is no wonder that steps are being taken to work towards a common platform that will enable firms to share data and reduce the number of audits carried out across the supply chain.
just-style management briefing: Closing the loop on recycled textiles
3 April 2012
With fast fashion and quick turnover key commercial ingredients of today's garment and apparel industry, excess textile production is prompting the sector to gravitate towards more recycling and re-use of materials, to conserve energy, increase sustainability and lower raw material costs.
HONG KONG: Li & Fung delivers 24% hike in full-year earnings
22 March 2012
Li & Fung Limited, the world's largest supplier of apparel and consumer goods, today (22 March) booked a 24% hike in full-year profit thanks to the expansion of its sourcing network and growth in its Asia business.
Spotlight on... What is the future for UK apparel manufacturing?
22 March 2012
UK high street retailers have been making a lot of noise of late about increasing their local sourcing. But with the domestic manufacturing sector now just a shadow of its former self, how realistic is such a move? Petah Marian reports.
UK: M&S chief calls for new interest in sustainability
16 March 2012
Consumers and businesses need to inspire each other to act sustainably, Marks & Spencer chief executive Marc Bolland believes, especially since interest in the issue has waned during the economic conditions of the last four years.
Top stories on just-style this week...
16 March 2012
Top stories on just-style this week included news that a coalition of industry groups is calling for an to end violent unrest in Cambodia, the Indian government's plans to partially roll back its cotton export ban, and Marks & Spencer's launch of a tailoring line in collaboration with Richard James.
UK: Women's wear retailers urged to rethink sourcing strategies
15 March 2012
Rising costs and pressure on margins will force women's wear retailers to rethink their pricing and sourcing strategies this year, according to new research, with British manufacturing poised to make a comeback.
UK: M&S confirms departure of clothing director Skinner
13 March 2012
UK clothing retail giant Marks & Spencer today (13 March) confirmed the departure of long-serving clothing executive Andrew Skinner.
UK: M&S launches tailoring line with Richard James
13 March 2012
Retailer Marks & Spencer is set to launch a 'Savile Row Inspired' men's wear range, developed in partnership with tailor Richard James, at the end of this month.
INDIA: Marks & Spencer names Nair as MD
7 March 2012
Marks & Spencer has appointed Venu Nair as managing director of the company's Indian operations.
Speaking with style: Ranjan Mahtani, CEO, Epic Group
28 February 2012
Faced with what he describes as a "never-ending battle" against rising costs, Ranjan Mahtani, the CEO of Hong Kong based apparel supplier Epic Group, is in fighting mood. But what is also clear is his concern that the apparel industry's current preoccupation with price leaves it in danger of failing to see an even bigger and more worrying issue: the lack of new supply countries coming through.
US: Gap Inc adds to creative and merchandising teams
23 February 2012
Specialty clothing retailer Gap Inc has boosted its product team with the addition of former Nike and Uniqlo executives to its Gap and Old Navy teams.
UK: Marks and Spencer launches online outlet store
21 February 2012
Marks and Spencer today (21 February) announced the launch of an online outlet format.
UK: M&S uses AirDye water-saving printing technology
20 February 2012
Retailer Marks & Spencer is this month launching its first fashions made using water-saving digital printing technology as part of its Per Una Speziale collection.
Related research
Marks and Spencer Group plc
Datamonitor's Marks and Spencer Group plc - SWOT Analysis company profile is the essential source for top-level company data and information. Marks and Spencer Group plc - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Marks and Spencer Group (M&S) is a leading retailer of clothing, foods and home ware in the UK. The company operates in about 41 countries worldwide with UK as its primary market. It is headquartered in London, UK and employs about 75,000 people. The company recorded revenues of £9,022 million (approximately $18,113 million) during the financial year (FY) ended March 2008, an increase of 5.1% over 2007. The operating profit of the company was £1,211.3 million (approximately $2,431.9 million) during FY2008, an increase of 15.8% over 2007. The net profit was £821.7 million (approximately $1,649.7 million) in FY2008, an increase of 24.5% over 2007.
Marks and Spencer Group plc - SWOT Analysis
Datamonitor's Marks and Spencer Group plc - SWOT Analysis company profile is the essential source for top-level company data and information. Marks and Spencer Group plc - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Marks and Spencer Group (M&S or “the company”) is one of the leading retailers of clothing, foods and home ware in the UK. The company operates in about 41 countries worldwide with UK as its primary market. It is headquartered in London, UK and employs about 76,000 people. The company recorded revenues of £9,536.6 million ($15,272.9 million) during the financial year ended April 2010 (FY2010), an increase of 5.2% over 2009. The operating profit of the company was £852 million ($1,364.5 million) in FY2010, a decrease of 2.1% compared to 2009. The net profit was £526.3 million ($842.9 million) in FY2010, an increase of 3.6% over 2009.
Marks and Spencer Group plc (MKS) - Financial and Strategic SWOT Analysis Review
This comprehensive SWOT profile of Marks and Spencer Group plc provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.
