Marks & Spencer Group Plc

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M&S to cut clothing from 60 stores and axe brands

British retailer Marks & Spencer has announced its biggest shake-up in years, with plans to remove its clothing ranges from 60 stores over t...

How M&S plans to revamp its clothing business

The new boss at British high street giant Marks & Spencer has set out his plans to turn around the retailer's key clothing division by lower...


Michelle Russell | 18 Feb 2016

There is a limit to long-term margin improvement for Marks & Spencer's general merchandise division, and earnings will be difficult to achieve unless the UK retail group transforms its selling space, one analyst suggests. This should include a review of its store portfolio, and a close look at the relevance of M&S's many sub-brands.


Michelle Russell | 14 Jan 2016

It's no secret that Marks & Spencer has struggled to stem the losses in its clothing division. And with the unit's head Steve Rowe departing to take on the role of group CEO, the gap will need to be filled relatively quickly if the UK retailer is to address this problem area.


Michelle Russell | 4 Nov 2015

Today's first-half results from Marks & Spencer have offered a mixed picture for its clothing business. Like-for-like sales fell, but margins improved thanks to continued progress in the UK retailer's direct sourcing initiatives. While M&S is optimistic it can maintain margins and has upped its full-year forecast, will its investments in sourcing and a new rewards card be enough to revive the retailer's clothing fortunes? 


Michelle Russell | 4 Nov 2015

Today's first-half results from Marks & Spencer have offered a mixed picture for its clothing business. Like-for-like sales fell, but margins improved thanks to continued progress in the UK retailer's direct sourcing initiatives. While M&S is optimistic it can maintain margins and has upped its full-year forecast, will its investments in sourcing and a new rewards card be enough to revive the retailer's clothing fortunes? 

Latest Interviews

Michelle Russell | 12 Nov 2014

UK retailer Marks & Spencer is on something of a mission: To become the world's most sustainable retailer through its ambitious Plan A environmental and ethical programme. The person in charge of implementing this globally is Adam Elman, head of Plan A delivery, who discusses the initiative's challenging targets and the need for wider industry collaboration.


Kitty So | 20 Feb 2014

As safety inspections on more than 1,500 garment factories supplying a group of mainly European retailers get underway this week, just-style speaks with Brad Loewen, the top safety official overseeing the effort.

Latest News

Michelle Russell | 6 Dec 2016

Leading international businesses – including apparel and textile companies – are ill-prepared for the risk that comes from sourcing products linked to deforestation, a major cause of climate change, a new report claims. 


Leonie Barrie | 7 Nov 2016

Retailer Marks & Spencer is expected to announce the closure of a number of UK stores this week, and reallocate space away from clothing to food at others, as part of ongoing plans to turn around the ailing business.


Beth Wright | 28 Oct 2016

Struggling UK retailer Marks & Spencer has declined to comment on what it calls "rumour and speculation"  regarding reports the company plans to close its flagship Paris department store on the Champs-Elysees.


Michelle Russell | 25 Oct 2016

The majority of large apparel brands are ignoring the "endemic" abuse of Syrian refugees in Turkish clothing factories supplying European retailers, a new report has found. 


Michelle Russell | 20 Oct 2016

Investors see intensifying competition in clothing as barriers to Marks & Spencer achieving earnings growth, a survey has found, with many concerned about the UK retailer's "unappealing" product offering. 


Michelle Russell | 17 Oct 2016

Retailer Marks & Spencer has been named as the highest performing FTSE 100 company for monitoring and reporting on modern slavery in its supply chain, with luxury brand Burberry scoring third, in a report that also highlights a deficit in action by many UK-listed firms.


Beth Wright | 29 Sep 2016

Textile Exchange has revealed more brands and suppliers are pledging their commitment to the Responsible Wool Standard (RWS), taking the total number of brands on board to 15.


Michelle Russell | 29 Sep 2016

Around 200,000 Pakistani cotton farmers are set to benefit from a global cotton industry partnership that will train them on issues such as sustainability in farming and child labour thanks to funding from brands such as H&M and Levi Strauss & Co. 


Leonie Barrie | 12 Sep 2016

Laura Wade-Gery, the executive tasked with modernising Marks & Spencer’s e-commerce and multi-channel capabilities, will not be returning to the retailer following her maternity leave, it was revealed today (12 September).


Michelle Russell | 9 Sep 2016

Major apparel groups including Adidas, Gap Inc, Inditex, Gildan and Asics have been included in the Dow Jones Sustainability Indices (DJSI), putting the companies among the best-in-class sustainability performers globally.


Michelle Russell | 5 Sep 2016

Struggling UK retailer Marks & Spencer is to cut around 525 head office jobs – around 15% of the total – in an attempt to remove duplication, drive accountability and "strip out unnecessary costs" across the business. 


Michelle Russell | 7 Jul 2016

Strategic challenges remain for Marks & Spencer's beleaguered clothing division after first-quarter sales fell by nearly 9% on a "weak market" and fewer promotions. 


Michelle Russell | 9 Jun 2016

Marks & Spencer has published its first supply chain map for clothing and its first human rights report as part of the retailer's ethical commitments detailed in its first Plan A update under new CEO Steve Rowe. 


Michelle Russell | 24 May 2016

UK retailer Marks & Spencer may see a shake-up of its sourcing team with the potential departure next year of two senior executives who have overhauled the group's supply chain. 


Michelle Russell | 12 May 2016

Marks & Spencer has made a number of changes to its management structure in order to drive "speedier decision making", including the formation of an operating committee to oversee business development and strategy.


Michelle Russell | 7 Apr 2016

Turning around its clothing and home businesses will be the priority for Marks & Spencer, new CEO Steve Rowe has said, as the UK retailer revealed lower sales for the division in its fourth-quarter.


Michelle Russell | 7 Apr 2016

Turning around its clothing and home businesses will be the priority for Marks & Spencer, new CEO Steve Rowe has said, as the UK retailer revealed lower sales for the division in its fourth-quarter.


Michelle Russell | 5 Apr 2016

The new CEO of Marks & Spencer will also continue to lead the group's flailing clothing business, it has emerged, and has pledged to make its turnaround a priority for the UK retailer.


Katie Smith | 10 Mar 2016

Six large Chinese rayon and viscose producers have joined a commitment to stop sourcing the raw material from ancient and endangered forests.


Michelle Russell | 25 Feb 2016

Marks & Spencer CEO Marc Bolland, and Burberry CEO Christopher Bailey have joined a long list of apparel industry figures in voicing their opposition to Britain's exit from the European Union, which they believe will deter investment, threaten jobs and put the economy at risk.


Michelle Russell | 15 Feb 2016

Marks & Spencer has defended its position over a report by a labour campaign group that claims workers making the UK retailer's clothes in some Asian countries are not being paid a living wage, despite a promise to do so. 


Katie Smith | 11 Feb 2016

More sourcing directly from suppliers has improved the profitability of Marks & Spencer's general merchandise business, narrowing the gap with Next Plc, according to a report published this week.

Latest blogs

Michelle Russell | 17 May 2016

Innovation was the hot topic last week as a raft of apparel and textile companies revealed new fabrics, fibres and technologies designed to shake-up the industry.


Leonie Barrie | 25 Sep 2015

Nike and Wal-Mart have used the annual Climate Week in New York to pledge to source 100% of their electricity from renewable energy, joining H&M and M&S as part of the RE100 campaign.

Company research

Marks & Spencer Plc in Retailing (United Kingdom)

Marks & Spencer Plc in Retailing (United Kingdom)

Marks & Spencer is expected to continue to open large outlets, notably planning to open a 196,300 sq ft department store in the Victoria Gate shopping mall in Leeds in late-2016 while continuing to op...

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