Blog: Fashion sparkles at M&S
Leonie Barrie | 25 May 2006
On Tuesday morning M&S basked in the glory of a 35% rise in full year profits, helped by smarter buying, stock control and pricing, and new offices around the world. By the end of the day analysts had turned their knives, lambasting the retailer’s expensive store refurbishment programme, the cost of its advertising campaign and helping to push shares down by 18p by the end of the day.
And now a new set of observers are casting their views on M&S’ future outlook – only this time it’s the fashion press. Their comments might be strictly reserved for the store’s new autumn/winter collection, but as arbiters of the nation’s fashion sense what they say, sells. By and large the feedback seems to be M&S is spot-on this season, with its newly designed lingerie ranges in luxurious but easy-care fabrics being singled out for particular praise. Men’s wear and children’s wear also make the grade, as does women’s wear with its shift dresses, tailored trousers and even an animal print sheepskin coat. Let’s just hope that the new stock control measures mean that once these ranges hit the stores they’ll be available in a wide range of sizes too…for those of you not familiar with the delights of shopping at M&S, finding a style you like in the right size can be a bit hit and miss.
Increasing competition for garment sourcing contracts is seeing China not only being challenged by other countries in Asia, but by sub-Saharan African and even Russian suppliers too. And it is pushing...
The monthly minimum wage for workers in Cambodia's textile, garment and footwear sector is set to rise to $153 from January next year, following a vote on the issue last week. The increase marks a ris...
The results of two highly-anticipated initiatives in the sportswear sphere were revealed last week: the launch of Under Armour’s new UAS lifestyle brand and the first pair of running shoes created at ...
The recent bankruptcy of South Korea's Hanjin Shipping, the world's seventh-largest container shipper, at the end of August, has left billions of dollars worth of merchandise in limbo, leaving the fal...
- Under Armour Lighthouse will disrupt production
- Will new Vietnam wage hinder competitiveness?
- How TAL Apparel is staying ahead of the game
- Digitisation to drive new apparel-making models
- Ethiopia violence undermines sourcing strategies
- Marks & Spencer top for modern slavery reporting
- Bangladesh garment workers rally for higher wages
- MAS Holdings shares commitment to sustainability
- Gap to shutter all UK Banana Republic stores
- H&M CEO named sustainability leader
- Africa-Med strategic sourcing review – comparing East Africa, North Africa and Turkey
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Apparel (GLOBAL) - Industry Report
- Global Sports and Fitness Wear Market 2016-2020