British retailer Marks & Spencer clothing sales fall again

LONDON: British retailer Marks & Spencer on Thursday posted a seventh consecutive quarterly fall in underlying general merchandise sales, though the outcome was a touch ahead of expectations. Marks & Spencer, which has been the subject of takeover speculation, said sales of its non-food products, spanning clothing, footwear and homewares, at stores open over a […]

Marks & Spencer unveils first new format store

Marks & Spencer opened its brand new format store at Market City, Chennai, under M&S’s ongoing strategy to grow its presence in India. The store was inaugurated by Venu Nair, Managing Director, Marks & Spencer Reliance India Pvt Ltd. Trading across 15,000 sq ft, the new look store offers an international shopping experience for the […]

Top clothing retailer Sweden’s H&M eyes India foray

 With world’s second largest clothing retailer Hennes & Mauritz AB, better known as H&M, eyeing India, competition is set to hot up for Marks & Spencer and Zara. Indications are that H&M will move a formal proposal for investing in India after its Chief Executive Officer Johan Perrson meets Commerce and Industry Minister Anand Sharma […]

Marks & Spencer plans new format stores after tennis tie-up

Tennis has always had a serious affair with fashion and style both on and off court. Marks & Spencer, the ‘Official Fashion Show Partner’ of India’s only ATP World Tour championship, the Aircel Chennai Open 2013 (played in the last week of December 2012 and first week of 2013), plans to open new format stores […]

M&S’ sporty fashion show

Marks & Spencer, in association with IMG Reliance, hosted a fashion extravaganza as the ‘Official Fashion Show Partner’ of India’s ATP World Tour championship, the Aircel Chennai Open 2013. The inaugural night of the tennis tournament saw the presence of eminent personalities from the world of fashion and sports. The evening was inaugurated by Vijay […]

Marks & Spencer, Aircel Chennai partner for fashion show

Marks & Spencer, one of the UK’s leading retailer with 24 stores in India, has come on board as the ‘Official Fashion Show Partner’ of India’s only ATP World Tour championship, the Aircel Chennai Open 2013.   The world of tennis has always had a serious affair with fashion and style both on and off the court. During the […]

Marks & Spencer to open 10 stores in eight months, increase offerings

Marks & Spencer will revamp all its stores in India by redesigning its outlets, prominently displaying its various sub-brands and increasing vibrant product offerings to take on rival fashion retailers such as Zara and Mango. Jan Heere, who heads the international operations of the UK’s largest retailer, said the company will open 10 stores in the […]

Buyers, suppliers praise London fashion sourcing event

Launched in 2011 as a fledgling event with just  seventeen exhibitors and three countries represented, the 2012 edition of Fashion SVP, held in September at Olympia, saw the number of exhibitors more than double to thirty-six, the number of countries represented increased to twelve, and the successful introduction of industry seminars, focusing on key sourcing […]

M&S to increase cotton sourcing from India

UK-based retail chain Marks & Spencer has announced its plans to increase cotton sourcing from India by over 12-fold in three years to 64,000 metric tonnes, equivalent to its current overall global consumption. To achieve its target, the retailer will increase the number of farmers associated with it from current 9,000 to 25,000 in the […]

Arvind eyes Debenhams, Next’s business

MUMBAI: Arvind’s Sanjay Lalbhai may acquire the operating stores and rights of British fashion retailers Next and Debenhams from Planet Retail, triggering another retail industry consolidation , said two sources directly familiar with the developments. Arvind’s wholly owned subsidiary Arvind Lifestyle Brands is holding advanced talks to buy a large portfolio of retail assets, including […]