Marks & Spencer
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17 января, 21:00

M&S to shut London distribution centre, putting 380 jobs at risk

Retailer to close Neasden site after tough Christmas but also reveals plans for new warehouse in HertfordshireMarks & Spencer is closing its London distribution centre, putting 380 jobs at risk, after disappointing Christmas trading figures.The move, part of the chief executive Steve Rowe’s five-year turnaround plan, will see the high street retailer exit its Neasden site in the north of the capital and transfer the work to other sites. Continue reading...

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14 января, 17:34

How Oxfam became the rising star of UK's online fashion industry

Trade director hopes to double size of web operation after it reported 33% sales growth over ChristmasIt’s one of fashion’s best kept secrets, a website where you can buy luxury brands such as Burberry, Prada and Miu Miu as well as the best of the high street for a steal.Sales were up 33% at Christmas as shoppers bagged vintage and designer clothes for the party season but the company is not listed on the stock exchange like the web giant Asos and there is no chance of it ever being taken over. And if you look closely some of the clothes might seem familiar. Continue reading...

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11 января, 22:39

Why M&S's website isn't delivering on sales | Nils Pratley

Massive investment hasn’t brought Marks & Spencer’s online operation up to speed with rivals – or with what customers expectNobody expected Christmas trading miracles from Marks & Spencer, but surely chief executive Steve Rowe would be able to unveil some juicy figures for the online operation.Didn’t M&S, under predecessor Marc Bolland, go through agonies to build its expensive distribution centre at Castle Donington – the one with nine miles of hanging garments? Continue reading...

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11 января, 11:07

Tesco and John Lewis enjoy a good Christmas but M&S downbeat

Supermarket giant reports a strong Christmas but Marks & Spencer suffers ‘mixed results’ as major UK retailers report festive sales resultsTesco and John Lewis have emerged as winners from a tough Christmas trading period as Marks & Spencer reported a downbeat set of figures with a slump in sales of both food and clothing.The UK’s biggest supermarket chain reported like-for-like sales growth of 1.9% for its UK stores, a performance it said was thanks to the strength of its food business which saw underlying growth of 3.4%. Continue reading...

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11 января, 10:11

Tesco, M&S and John Lewis report Christmas trading results - business live

All the day’s economic and financial news, as UK retail heavyweights report their Christmas trading figuresTesco and M&S shares dropTesco: A record Christmas, but below City forecastsM&S: Food and clothing sales fallJohn Lewis: Sales up, but inflation hits profitsIntro: Separating the Christmas crackers from the turkeysFull details: The UK Christmas retail winners and losers 3.43pm GMT Here’s the chief business economist at IHS Markit on the ECB minutes:#ECB seeing scope for excess capacity erosion and inflation to accelerate more than anticipated in 2018, which is what the #euro zone PMI is also signalling pic.twitter.com/5JFtJVxLeh 3.41pm GMT The euro gained 0.9% to $1.2053 following the release of the ECB minutes, although it has now come off its best levels and is currently sitting at $1.1.2045.It is up around 5% against the pound at 88.9p. Continue reading...

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10 января, 22:19

Just writing 'Dear CEO' letters won't protect the spread-betting punters | Nils Pratley

The FCA’s review of how contracts-for-difference are sold and marketed demands more than just a warning to the industryEach time regulators lift the lid on the spread-betting industry the stench turns out to be horrible.“Consumers may be at serious risk of harm from poor practices,” says the Financial Conduct Authority after a 12-month review of how contracts-for-difference, or CFDs, are sold and marketed to amateur punters. By FCA standards, the language is extreme. Others might say it is describing a right old racket. Continue reading...

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09 января, 20:30

Plus-size reinvented: 'We were told to hide, wear a sack – now we want equality'

Curve, M&S’s new plus-size range, targets a modern woman who wants more fashion, not just bigger clothesDanielle Vanier is a fashion blogger. A recent post sees her in a keyhole-front leather-look jumpsuit teamed with red lipstick and matching ankle boots; on her Instagram feed she is captured in modern faux-candid selfie style, gazing out of a window in black lingerie. Vanier is 30 years old, beautiful, an ambassador for Nike, and a digital influencer with 100,000 followers.She is also – to use her preferred descriptor – fat. The aforementioned lingerie selfie is captioned “Three Cheers For Back Fat”. “I have always felt that I could have belly rolls, I could have chubby legs, and I could still look great,” she says. Vanier is a consultant to Curve, a new Marks & Spencer range available in sizes 18-32, the first pieces from which go on sale today. That M&S, which is already the biggest retailer in the UK plus-size market with womenswear available up to size 28, has created a separate plus-size collection is a reflection of how plus-size women are demanding the industry serve their needs with the same degree of attention to detail as women shopping for a size 10. Continue reading...

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05 января, 03:01

Debenhams job cuts and store closures likely after disappointing sales

UK retailers struggle on high street and in shopping malls with falling revenue as shoppers move onlineDebenhams is to cut jobs and consider more store closures after a poor festive trading period led to a major profits warning.Shares in the department store dropped by 15% to 30p, the lowest level since the 2008 financial crisis, after it warned that sales of seasonal gifts and clothing had fallen despite heavy discounting. Continue reading...

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02 января, 11:31

Marks & Spencer sells Hong Kong stores as it retreats from overseas markets

Sale of 27 stores in Hong Kong and Macau to Al-Futtaim comes as it closes UK outlets under turnaround planMarks & Spencer is selling its stores in Hong Kong and Macau as the retailer pushes on with a wide-ranging overhaul.The clothing and food chain is selling one of its key non-UK operations to its longstanding franchise partner in the region, Al-Futtaim, for an undisclosed sum. Marks & Spencer is selling 27 stores that will keep the M&S name under a franchise arrangement, which leaves Dubai-based Al-Futtaim with 72 outlets under the brand across Asia and the Middle East. Continue reading...

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21 декабря 2017, 09:30

A small number of farms are responsible for the majority of antibiotic use

Research shows antibiotic use is uneven between farms, making behaviour change a tantalising prospect A small number of the UK’s dairy farms account for an outsized proportion of antibiotic use, according to new research, suggesting that closer scrutiny of antibiotic prescribing practices could help bring down their use.A study published in the BMJ publication Vet Record found some farms were using “extremely high levels” of antibiotics in their cattle. While most of the dairy farms surveyed showed lower than average use compared with the averages for all livestock reared in the UK, some outlying farms with high levels of use stood out. Continue reading...

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20 декабря 2017, 09:00

Marks & Spencer is first supermarket to publish data on antibiotics in supply chain

Exclusive: medical campaigners wanting to preserve antibiotics for human use praise supermarket for reducing their use in production of meat, eggs and dairyMarks & Spencer has become the first supermarket chain in the UK to publish details of the use of antibiotics in its farm supply chain, in a step towards reducing the use of vital human medicines in livestock-rearing.On Wednesday, the company disclosed on its web site information on the quantities of antibiotics used on livestock by the farmers that supply its meat, eggs and dairy products. This will be updated regularly to show progress towards cutting the use of the drugs, which are also prescribed to treat human diseases. Continue reading...

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18 декабря 2017, 16:59

Украина — дешёвая швея для Европы

Почему одежду мировых брендов стали производить на Украине Свыше 85% произведённой на Украине одежды и...

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18 декабря 2017, 14:34

Швея для Европы: почему одежду мировых брендов стали производить на Украине

Свыше 85% произведённой на Украине одежды и обуви выпускается под всемирно известными торговыми марками, рассказал  источник в Министерстве экономики Украины. Среди них изделия для Zara, Marks & Spencer, Esprit, Hugo Boss, Mexx и даже Dolce & Gabbana. Украина привлекает собственников торговых марок минимальной стоимостью труда — в пять раз ниже, чем в Китае, а также возможностью значительно снизить транспортные расходы из-за близости страны к европейским рынкам.

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18 декабря 2017, 12:02

Швея для Европы: почему одежду мировых брендов стали производить на Украине

Свыше 85% произведённой на Украине одежды и обуви выпускается под всемирно известными торговыми марками, рассказал RT источник в Министерстве экономики Украины. Среди них изделия для Zara, Marks & Spencer, Esprit, Hugo Boss, Mexx и даже Dolce & Gabbana. Украина привлекает собственников торговых марок минимальной стоимостью труда — в пять раз ниже, чем в Китае, а также возможностью значительно снизить транспортные расходы из-за близости страны к европейским рынкам. Почему украинские фабрики работают на грани рентабельности, но не производят более прибыльную для них продукцию под собственными торговыми марками — в материале RT. Читать далее

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17 декабря 2017, 03:04

Last week, a model described luxury lingerie as ‘empowering’. Is she right?

Model Adriana Lima has sparked a debate over what kinds of underwear can ‘empower’ the wearerAmid the scantily clad world of lingerie modelling, a pair of Victoria’s Secret angel wings are the ultimate accessory. Heavily laden with an elaborate concoction of feathers, crystals and other flamboyant embellishments, the coveted wings are awarded to a handful of the 50 or so models who appear in the brand’s annual catwalk extravaganza.And, for those Angels charged with showcasing the US company’s latest collection of fripperies, the financial rewards are heaven-sent. So when the Brazilian model Adriana Lima, a Victoria’s Secret Angel since 1999, and one who has banked $10.5m this year, announced last week on social media that she would not take off her clothes any more “for an empty cause”, it caused quite a stir. Continue reading...

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16 декабря 2017, 10:00

‘Going to the Furniture Ombudsman about our sofa was a waste of time’

The Johnsons’ costly two-piece suite discoloured in weeks but the ombudsman sided with the retailer, Rodgers of York. Luckily for them, the court did notHow much should you trust an ombudsman to resolve a complaint? The Furniture Ombudsman, used by major retailers such as DFS, Marks & Spencer, Dreams and Bensons For Beds, has been described as a “waste of your time” and “a joke” after it found in favour of a retailer, but a court subsequently ordered a full payout in favour of the consumer.In March, Frank and Joan Johnson took delivery of a £2,500 two-piece suite from Rodgers of York, paying an extra £140 for five year Staingard protection. But they say that after just two weeks of use the sofa looked stained and “awful”. Continue reading...

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13 декабря 2017, 17:30

The Christmas ad formula? Kids, animals, but, most of all, emotions

The ad agency executive behind Marks & Spencer’s Christmas offering explains why brands feel the need to tug so hard on the heartstringsArgos kicked-off this year’s seasonal offerings with a rocket-powered sleigh, closely followed by House of Fraser, Boots, John Lewis and Waitrose. Then, after a little break for Remembrance Sunday, Sainsbury’s finally revealed its wares with a singalong-a-sprout, sparking a Twitter frenzy.Christmas TV ads have become a British tradition, discussed and debated as much as Bake Off, Boris and Brexit. Continue reading...

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07 декабря 2017, 16:41

M&S selling stoneless avocado that could cut out risk of injuries

Retailer’s ‘cocktail avocado’ can be eaten whole and may help end problem of people slicing their hands while removing stoneMarks & Spencer has begun selling a stoneless avocado that could help banish the pain of “avocado hand”.The so-called cocktail avocado is 5cm-8cm (2in-3in) in length and has a smooth, edible skin, meaning it can be sliced or eaten whole. Continue reading...

05 декабря 2017, 17:44

Alphabet's YouTube to Toughen Stance on Disturbing Content

Alphabet (GOOGL) is extending the use of machine learning to flag inappropriate content.

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29 ноября 2017, 22:37

Just Eat £5.5bn valuation: online takeaway company now worth more than M&S

UK consumers’ love for pizza and curry delivered to their door sees takeaway company enter FTSE 100Just Eat, the online takeaway company, was on Wednesday night officially promoted into the FTSE 100 list of Britain’s blue chip companies, with a valuation of £5.5bn – making it worth half a billion pounds more than the UK’s second biggest supermarket chain .The UK’s love affair with having pizzas, curries and kebabs delivered to their door has spawned a mobile food business with no products and no outlets that is more highly valued than Sainsbury’s, which sells 90,000 products through 1,400 stores – and also owns the Argos chain. Just Eat is also worth more than Morrisons and Marks & Spencer. Continue reading...