SymbolISINCurrencyExchange
MKS.LGB0031274896GBXLondon Stock Exchange
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RNS Number: 6965 W Marks& Spencer Group PLC 18 April 2019 Director/PDMR Shareholding. Marks and Spencer Group plc announces that on 18 April 2019 it was notified of the following transactions in the Company's Ordinary 25 p shares undertaken by directors/ persons discharging managerial responsibility. RNS is approved by the Financial Conduct Authority to act...
RNS Number: 6595 U Marks& Spencer Group PLC 01 April 2019. Marks and Spencer Group PLC- Voting Rights and Capital. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 3891 U Marks& Spencer Group PLC 28 March 2019 Director/PDMR Shareholding. Marks and Spencer Group plc announces that it has been notified of the following transactions in the Company's Ordinary 25 p shares undertaken by directors/ persons discharging managerial responsibility. RNS is approved by the Financial Conduct Authority to act as a...
RNS Number: 6595 R Marks& Spencer Group PLC 01 March 2019 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 6165 R Marks& Spencer Group PLC 01 March 2019 Director/PDMR Shareholding. Marks and Spencer Group plc announces that it has been notified of the following transactions in the Company's Ordinary 25 p shares undertaken by directors/ persons discharging managerial responsibility. RNS is approved by the Financial Conduct Authority to act as a...
RNS Number: 4828 R Marks& Spencer Group PLC 01 March 2019. Marks and Spencer Group PLC- Voting Rights and Capital. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 5082 R Marks& Spencer Group PLC 28 February 2019 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
One joint venture, two very different share price reactions. Following reports yesterday, Marks and Spencer (MKS) has confirmed a new 50/50 partnership with online grocer Ocado (OCDO), aimed at taking the former’s food division digital. Under the terms of the new JV, M&S will pay up to �750m in total to acquire a 50 per cent stake in Ocado’s UK retail business, while the new entity – to be known as Ocado.com – will effectively replace Ocado’s existing relationship with high-end supermarket Waitrose come September 2020. Like that current tie-up, the new platform will offer customers a combination of both Ocado’s own-brand products alongside M&S ranges. Shares in M&S fell 7 per cent in reaction to the news as many remain sceptical that such a deal can help turn around the group’s flagging food division - news of a �600m rights issue likely didn’t help either - while Ocado shares bumped up 5 per cent in early trading.
Marks & Spencer and Ocado have revealed plans for a strategic partnership to deliver groceries that will see M&S pay �750m for a 50% share of Ocado's UK retail business. M&S is financing the deal with a �600m rights issue and says it also plans to cut its dividend by 40% to "a sustainable level". Chief executive Steve Rowe says: "I have always believed that M&S Food could and should be online. “Combining the strength of our food offer with leading online and delivery capability is a compelling proposition to drive long-term growth."
Marks and Spencer Group Plc (MKS.L) Announced the creation of a new 50/50 joint venture with Ocado Group Plc (Ocado), the UK's leading pure play digital grocer, that will transform online grocery shopping for UK consumers. Under the joint venture, M&S is acquiring a 50.0% share of Ocado's UK retail business, which will be supported by Ocado Smart Platform, for a total consideration of up to �750.00 million, including a deferred consideration of up to �187.50 million, plus interest. The joint venture combines the strength of M&S's brand and its leading food quality and innovation with Ocado's unique and proprietary technology to create an unrivalled online offer for the customers.
RNS Number: 2430 R Marks& Spencer Group PLC 27 February 2019 "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR ANY OTHER STATE OR JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL." **NEWSWIRE& PRESS CONFERENCE CALL AT 7.20 AM..
RNS Number: 1606 R Marks& Spencer Group PLC 26 February 2019. This announcement contains inside information. Following press speculation, Marks and Spencer Group PLC confirms that it is in discussions with Ocado Group plc regarding a joint venture in UK Retail.
RNS Number: 0560 R Marks& Spencer Group PLC 25 February 2019 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 6852 O Marks& Spencer Group PLC 01 February 2019. Marks and Spencer Group PLC- Voting Rights and Capital. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 2890 N Marks& Spencer Group PLC 16 January 2019 Director/PDMR Shareholding. Marks and Spencer Group plc announces that it has been notified of the following transactions in the Company's Ordinary 25 p shares undertaken by directors/ persons discharging managerial responsibility. RNS is approved by the Financial Conduct Authority to act as a...
UK Sparks: Mixed Bag For Retailers On Super Thursday Two up, two down. On so-called “Super Thursday,” the busiest day of the year for retailers’ Christmas trading updates, Tesco and John Lewis have announced sales increases, while Marks & Spencer and Debenhams are reporting falls in revenue. Starting with the positives, there was a 2.2% increase in like-for-like sales at Tesco UK stores over the six-week festive period. However, third quarter figures show like-for-like Tesco UK sales rising by just 0.7%. Group sales were 0.8% higher in the 19 weeks encompassing both the retailer’s third quarter and the Christmas period. Tesco claims the trading environment remains challenging but it is still confident of meeting expectations for its full-year results. Chief executive Dave Lewis says the figures show “a very strong Christmas performance, which was ahead of the market.” John Lewis & Partners has announced that group sales were up 1.4% in the seven weeks to 5 January. Like-for-like sales were up 1% at the department store business and 0.3% higher at Waitrose. However, the partnership warns of a hit to profit margins and chairman Charlie Mayfield cautions that the board "will have to consider whether the payment of a bonus is prudent". Now for the negatives. Marks & Spencer has reported another quarter of falling revenues, with group like-for-like sales 2.2% lower in the 13 weeks to December 29. Clothing and home sales dropped by 2.4%, while the food business suffered a 2.1% decline. Online sales were 14% higher. Chief executive Steve Rowe says the group’s performance “remained steady” against a backdrop of “well-publicised difficult market conditions”. M&S also states that its guidance for its "full-year results remains unchanged. Department stores group Debenhams, meanwhile, says it has started talks with banks to refinance its �500m debt facilities, having seen like-for-like sales fall 3.4% in the six weeks to 5 January. Over the 18 weeks to the same date, like-for-like sales were 5.7% lower. The company, which issued several profits warnings last year, says it is it still on track to meet its current expectations for the full year.
Marks & Spencer Group Plc (MKS.L) Announced, in its trading statement for the 13 weeks to 29 December 2018, that Group revenue for the period fell 3.9% to �3,044 million, with sharp decline of 15.1% in its International revenues to �262 million. Clothing & Home revenue reflected lower footfall to stores, partly as a result of increasing pace of closures, with online growth of 14% driven by improvements to proposition and operations. Stock into sale was down nearly 25%, as a result of planned reduction in stock levels. Food like-for-like revenues reflected price investment and the transition to trusted value with early signs of volume improvement and solid growth over the Christmas weeks. The company stated that its full-year guidance remains unchanged.
RNS Number: 6815 M Marks& Spencer Group PLC 10 January 2019. Marks and Spencer Group Plc. 2. International revenue down 1.4% excluding impact of the sale of our Hong Kong business to our franchise partner and the closure of stores in loss making exit markets.
RNS Number: 4303 M Marks& Spencer Group PLC 07 January 2019 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.

Company Profile

Marks & Spencer, the high street retail chain, first took formation as a retail venture in 1894, becoming a listed company in 1926. The group generates almost all of its revenue from UK clothing and food sales. Marks has a chain of some 400 stores throughout the UK with a further 150 overseas.

Classification

Market Indices-

Locations

HQ
Waterside House
35 North Wharf Road
W2 1NW
London
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