Marks N Sparks 16% drop in profits

[Scoobos]

Ok, so our "premier" high street store has seen a drop in profits.
Why is it that this Premium store, with it's brand new cheap 'Simple' range is losing identity and customers?

Answers on a postcard to:

Totally overpaid marketing department.
Somewhere in London, probably.

[BigTime]

I'm guessing you got that info from the BBC. The posting on reuters is nowhere near as bleak.

[gingerjedi]

I read at as 'M&S still made £658m in very challenging market conditions', well done.

[d000hg]

Ok, so our "premier" high street store has seen a drop in profits.
Why is it that this Premium store, with it's brand new cheap 'Simple' range is losing identity and customers?

Answers on a postcard to:

Totally overpaid marketing department.
Somewhere in London, probably.

I know someone working as a management consultant to M&S, probably blame them instead

[Scoobos]

I'm guessing you got that info from the BBC. The posting on reuters is nowhere near as bleak.

I got the info from someone in my network... Damn , here I was thinking I was all cutting edge and well connected

[Paddy]

Ok, so our "premier" high street store has seen a drop in profits.
Why is it that this Premium store, with it's brand new cheap 'Simple' range is losing identity and customers?

Answers on a postcard to:

Totally overpaid marketing department.
Somewhere in London, probably.

M&S used to sell British made clothing and because of that they had a loyal customer following. The wiz kids had a idea; instead of making £2 profit on a £15shirt M&S can £12 profit if they bought from China. And so they did, the share holders were pleased but the shirt works lost their jobs.

Eventually so much manufacturing was offshored and so many workers were out of work; there were not enough customers to buy the goods that M&S sells. The share holders are not happy and instead invest their money in China. China then lends money to the UK to pay for the unemployed workers.

F**k M&S, its a self fulfilling prophecy

[cojak]

M&S used to sell British made clothing and because of that they had a loyal customer following. The wiz kids had a idea; instead of making £2 profit on a £15shirt M&S can £12 profit if they bought from China. And so they did, the share holders were pleased but the shirt works lost their jobs.

Eventually so much manufacturing was offshored and so many workers were out of work; there were not enough customers to buy the goods that M&S sells. The share holders are not happy and instead invest their money in China. China then lends money to the UK to pay for the unemployed workers.

F**k M&S, its a self fulfilling prophecy

Twaddle.

They are selling clothes that I no longer want to buy - they don't fit properly for a start.

[northernladuk]

Twaddle.

They are selling clothes that I no longer want to buy - they don't fit properly for a start.

That is because they are for normal women, not svelt godesses such as your self Cojak

[Paddy]

Twaddle.

They are selling clothes that I no longer want to buy - they don't fit properly for a start.

[cojak]

They fit her like a glove in comparison. If your waist is the same size as your arse, no problem...