Marks and Spencer news and archive

Marks and Spencer to reward customers donating used clothes in Shwopping scheme

As part of the retailer’s Plan A sustainability programme, Marks and Spencer is calling on customers to donate their used clothing to Oxfam via its recently refreshed Shwopping scheme. According to the department store, a recent survey of its customers revealed a significant 65 percent were planning to sort and clear out their wardrobe for the...

Fashion

Puma to remove mulesed wool by 2025

German sportswear brand Puma has said that it will refrain from using uncertified wool of animal cruelty origin, following a campaign by animal welfare organisation Four Paws to ban mulesing of lambs. Puma joins Calvin Klein and Marks and Spencer who have agreed to ban mutilation of lambs in their supply chains, with Four Paws calling on its...

Featured

Retail

UK retail aims to hit net zero carbon emissions by 2040

The UK retail industry has set out a target to hit net zero carbon emissions by 2040, with stores and warehouses powered by net zero electricity by 2030. The country’s trade body, the British Retail Consortium (BRC), announced the new target on Tuesday as part of its Climate Action Roadmap which was first announced in July and outlines steps to...

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Business

UK Retailers collaborate to combat carbon emissions

Twenty retailers, including Marks and Spencer, Amazon, Missguided and Next have signed the British Retail Consortium’s roadmap to tackle the causes of climate change. While many are concerned with the current coronavirus crisis, the British Retail Consortium is stating that climate change remains as “one of the biggest threats to the planet” and...

Retail

UK retailers ‘go purple’ in support of disabled customers

London - Retailers and shopping destinations including Marks and Spencer, Sainsbury’s and centres owned and managed by Intu and The Crown Estate are looking to improve the customer experience for disabled people by supporting Purple Tuesday, taking place today, November 12. The accessible shopping day is encouraging businesses to improve...

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Fashion

Top consumer trends that brands should know about

Amsterdam - To keep up with the head-spinning speed at which the fashion industry and wider retail industry is changing, brands need to keep up-to-date with the latest trends and the consumer behaviours that are driving them. Earlier this month, David Shah, owner of Metropolitan Publishing, the publishing house behind Pantone View Concept, spoke...

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Business

Mastercard pilots digital payments to garment workers

Mastercard is teaming up with global apparel companies, Marks and Spencer, Levi Strauss and Co., and VF Corporation, to pilot a scheme to pay garment workers digitally, to ensure that workers receive their wages “securely and consistently”. The new hybrid digital payment initiative, in connection with global nonprofit Business for Social...

Business

Marks & Spencer falls off FTSE 100 for first time

Marks & Spencer is to be demoted from the FTSE 100 for the first time since the list of the UK’s biggest companies was launched in 1984. The British fashion and food giant will drop off the list after its market value fell below the threshold for inclusion based on the closing price of its stock on Tuesday. The official announcement was made on...

People

Shaun Wills joins M&S as Interim Finance Director

Marks and Spencer Plc (M&S) spokesperson has confirmed the appointment of Shaun Wills as the Interim Finance Director for clothing and home. According to Wills’ LinkedIn profile, he holds over 25 years of experience in the retail sector across various companies. Apart from finance, he has led operations in e-commerce, IT, logistics, strategy and...

Featured

Fashion

Adidas, H&M and M&S among the world's most transparent fashion brands

London - Change towards a more sustainable future may be slow within the fashion industry, but the leading companies, such as Adidas, H&M, and Esprit have taken steps to become more transparent over the past year. According to Fashion Revolution’s Transparency Index 2018, which reviews and track 150 major fashion companies based on their social...

People

Belinda Earl to head M&S’s womenswear and beauty segment

After announcing the departure of Jo Jenkins, director of womenswear and beauty, Marks and Spencer Plc (M&S) has temporarily delegated the responsibility to Belinda Earl, Director of the company's style, reports Modaes.es. Meanwhile, responsibility of the department of lingerie purchases has been assigned to Laura Charles. The company said that...

Business

M&S reports drop in Q3 revenue

Marks and Spencer Group Plc (M&S) for the 13 weeks to December 30, 2017 reported 0.1 percent decline in group revenue to 3,167 million pounds (4,272 million dollars). Total sales in UK however improved 1.1 percent to 2,858 million pounds (3,855 million dollars), while like-for-like sales decreased 1.4 percent in the quarter. The company’s...