Marks & Spencer

Marks and Spencer

Financial

Marks & Spencer Sales, Pre-Tax Profits Decline as Turnaround Begins

Marks & Spencer’s ongoing shape-shifting efforts dented sales and profits in the financial year.

clock May 22, 2019Samantha Conti

The Marks & Spencer store in London

Mergers and Acquisitions

Marks & Spencer Signs JV Deal With Ocado as Competition Heats Up

Marks is hoping to ramp up its online food offer to compete with U.K. giants, and Amazon.

clock February 27, 2019Samantha Conti

Marks and Spencer

Fashion Scoops

Marks & Spencer Sets U.K. Store Closures in Motion, With Up to 1,000 Jobs at Risk

The high-street retailer has confirmed a further 17 store closures across the U.K.

clock January 15, 2019Natalie Theodosi

Debenhams store

Business Features

Discounting Dents Christmas Trading at Debenhams, Marks & Spencer

Both British retailers saw sales fall in the run-up to Christmas as consumers hunted for bargains.

clock January 10, 2019Samantha Conti

--FILE--Female Chinese workers sew clothes to be exported to Europe and the United States at a garment factory in Huaibei city, east China's Anhui province, 27 March 2017.China's exports in yuan-denominated terms rose 14.8 percent year on year in the first quarter, while imports increased 31.1 percent, customs data showed Thursday (13 April 2017). Foreign trade volume reached 6.2 trillion yuan (about 902.47 billion U.S. dollars) in the first quarter, up 21.8 percent year on year.

Government and Trade

China’s Fashion Factories Are Cleaning Up Their Act, Quickly

A powerful government, eco-conscious European clients and shifting local priorities are fueling greener manufacturing, experts say.

clock December 19, 2018Nyima Pratten

Boohoo.com App

Retail

U.K. Parliament Quizzes Fashion Retailers on Workers’ Rights, Sustainability

Boohoo, Missguided, Asos, Marks & Spencer, Arcadia and Primark participated in the parliamentary hearing.

clock November 27, 2018Natalie Theodosi

Mulberry's new Regent Street flagship store

Business Features

Will the Grinch Ruin Christmas for Britain’s Retailers?

The pre-Christmas “golden” season has gotten off to a slow start, but retailers are still hopeful.

clock November 7, 2018Samantha Conti

Marks and Spencer

Financial

Marks & Spencer Profits Rise Despite Decline in Clothing, Food Sales

First-half revenues were down 3.1 percent following declines in the two biggest categories.

clock November 7, 2018Samantha Conti

The Primark store on Oxford Street

Business Features

A Tale of Two Retailers: Primark Soars as New Look Plans to Shut Stores

The U.K. high street remains in trouble, although Primark is doing just fine.

clock November 6, 2018Samantha Conti

Viscose bags with Birla labels in local village

Fashion Scoops

Changing Markets Foundation Drags Viscose Into Sustainability Spotlight

The organization has exposed bad supplier practices, and is encouraging brands to adopt new policies.

clock July 25, 2018Fiona Ma

The Marks & Spencer store in London

Fashion Scoops

Marks & Spencer, Founders Factory Form JV to Support Retail Start-ups

M&S said the venture, Founders Factory, will help it access new people and ways of running the business.

clock July 23, 2018Samantha Conti

Retailers on New Bond Street

Government and Trade

London’s West End Retailers Urge U.K. Government to Tax Online Companies

Retailers including Selfridges and Marks & Spencer are fighting for fairer taxing policies.

clock July 6, 2018Fiona Ma

Marks and Spencer

Fashion Scoops

Marks & Spencer Partners with Microsoft on Artificial Intelligence Initiative

Microsoft will work with the retailer to integrate AI technology across the company, in order to optimize operations and improve customer experience.

clock June 21, 2018Natalie Theodosi

The Marks & Spencer store in London

Financial

M&S Profits Dive in FY From Inflation Costs, Closures

The company is paying the price of a swift program to downsize and streamline in a tough market.

clock May 23, 2018Samantha Conti

The Marks & Spencer store in London

Retail

Marks & Spencer to Close 100 U.K. Stores by 2022

The closures are part of a 5-year program to shift the company’s retail strategy and focus on online sales.

clock May 22, 2018Natalie Theodosi

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Essentialist

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Fashion

Theresa May Steps Down as U.K. Prime Minister, Pound Surges

clock 4hFiona Ma

Social Studies