Marks N Sparks 16% drop in profits

[Sysman]

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

I used to get white cotton shirts from them for wearing at clients where dark suits and white shirts were standard attire. 100% cotton was a pig to iron, but they looked good.

Then in the early 90s they stopped selling them. "No call for them sir".

Yours truly visited the trusty gents outfitter who had supplied my first interview suit. He said the manufacturers were spinning the same tale, and reckoned he could sell any he could get hold of twice over to folks like me. He sorted me out and I never bothered with M&S for shirts again. Those MS shirts weren't cheap but I didn't mind paying for the quality.

[cojak]

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

[Paddy]

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

[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.

[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

[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

[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

[gingerjedi]

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

[BigTime]

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

[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.