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Tag: Spencer

Marks & Spencer said to be considering an offer for Jaeger and Austin Reed

Marks & Spencer is thought to be in ‘pole position’ to buy Jaeger, Austin Reed and Jacques Vert. // M&S directors said to be looking into snapping up trio of brands from Philip Day // Reports come after Jaeger makes cuts to store and staff numbers in wake of administration Marks & Spencer directors are …

Marks & Spencer said to be considering an offer for Jaeger and Austin ReedRead More

Flipkart-Spencer’s Retail confirms partnership; Flipkart exploring more alliances, Retail News, ET Retail

Kolkata: Flipkart is going to enter into a series of partnerships with brick-and-mortar retailers and leading FMCG companies to spruce up its offerings in its weakest business area of essentials. On Thursday, it has formed such an arrangement with Spencer’s Retail. As part of the deal with Spencer’s, the retailer will become a seller on …

Flipkart-Spencer’s Retail confirms partnership; Flipkart exploring more alliances, Retail News, ET RetailRead More

Flipkart enters into a partnership with Spencer’s Retail to expand essentials business, Retail News, ET Retail

Walmart-owned Flipkart and Spencer’s Retail is entering into a partnership whereby the Kolkata-based food and grocery retail chain will become a seller in the marketplace for fast moving consumer goods and essentials, a senior industry executive said. This is probably one of the rare business partnerships between an e-commerce firm and a brick-and-mortar retailer who …

Flipkart enters into a partnership with Spencer’s Retail to expand essentials business, Retail News, ET RetailRead More

Marks & Spencer considers temporary store closures | Business

Marks & Spencer is planning for potential temporary store closures and the pub chain owner JD Wetherspoon warned that sales are plummeting as the coronavirus continues to hammer high street businesses. M&S said it is seeing “substantial declines” in its clothing and home business as shoppers stay at home, and it is redeploying a “significant” …

Marks & Spencer considers temporary store closures | BusinessRead More

Marks & Spencer depot closures put nearly 700 jobs at risk | Business

Marks & Spencer is closing two of its clothing distribution centres in a move that puts almost 700 jobs at risk. The struggling retailer is revamping its warehouse network to save money and improve stock availability, which is a long-running problem in its high street stores. On Thursday, M&S said the sites in Long Eaton …

Marks & Spencer depot closures put nearly 700 jobs at risk | BusinessRead More

Marks & Spencer feels the squeeze as focus on skinny jeans fails to fire | Business

After an era where skinny jeans ruled supreme, men’s trouser styles are becoming more relaxed and unstructured, with oversized fits becoming de rigueur. So there is some irony that Marks & Spencer was caught out this Christmas by its decision to replace some of its older “relaxed” fit trouser styles with tighter fitting jeans and …

Marks & Spencer feels the squeeze as focus on skinny jeans fails to fire | BusinessRead More

Marks & Spencer sales hit by too many mince pies and skinny jeans | Business

Marks & Spencer shares have fallen sharply after its Christmas sales were dented by rivals’ discounts as well as its own buying mistakes after it stocked up on too many men’s skinny jeans. A pickup in trade in M&S food halls over the holiday period helped the high street retailer deliver its first positive quarterly …

Marks & Spencer sales hit by too many mince pies and skinny jeans | BusinessRead More

Marks & Spencer profits plunge as clothing sales continue to fall | Business

Marks & Spencer has reported a fresh slump in clothing sales as poor levels of availability in its stores were compounded by an out-of-date supply chain. The chief executive, Steve Rowe, blamed the 5.5% decline in like-for-like clothing sales on buying errors that meant popular sizes sold out too quickly. A new design team was …

Marks & Spencer profits plunge as clothing sales continue to fall | BusinessRead More

Marks & Spencer profits plunge as clothing sales continue to fall | Business

Marks & Spencer has reported a fresh slump in clothing sales but insisted it was “making up for lost time” in the run-up to the key Christmas trading period. The chief executive, Steve Rowe, blamed the 5.5% decline in like-for-like clothing sales in the first six months of its financial year on supply chain problems …

Marks & Spencer profits plunge as clothing sales continue to fall | BusinessRead More