M+S Profits Fall...yet Again.

[mikey4444]

http://www.bbc.co.uk/news/business-24815793

It would seem that M+S has lost the touch of persuading women to buy clothes that they don't really need. Good news about food however...overpriced ready meals sales up. You would have thought that if people, mostly women, are not out buying clothes, they might be at home saving even more money by making their families evening meals, but it doesn't look like it !

[ummmm]

Lol....

It's a lace dress....you couldn't see the VPL anyways :-)

[pastafreak]

I too find M&S clothing to be incredibly frumpy-more so this year. I go straight to their 'indigo' range now....jeans,nice jumpers and shirts,lovely scarves...and parkas that are not shiney. I'm an 'older' lady-but I'd never buy any of the rest-except possibly their per una jeans...they fit. I buy some food there...but never,ever a ready meal.

[China Doll]

I like a lot of M&S clothes but I agree that you do have to hunt them out; I also think they are over priced for what they are.

[Tilly2]

I like the Indigo range too. It appeals to the old hippy in me.

[Gromit]

Ummm,
Its hard to accessorise a lace dress, but socks is generally a winner.

[ummmm]

Socks and runners :-)

Pure class :-)

[woofgang]

another Indigo aging hippy here.

[DaisyNonna]

Perhaps they are out at work Mikey?

[mikey4444]

M+S profits rise or fall by their ability to persuade women to buy clothes they don't need and probably don't want. Its not just M+S of course, but it is mainly about women. The profits don't come from selling ludicrously overpriced prepared vegetables or my underpants.

In essence of course, there are plenty of other clothing outlets available these days, rather than the 1960's and 1970's, when everybody shopped at Marks and Sparks. My underpants and socks come from Tesco these days and I don't have to wade through miles of bras and knickers to get to them either ! Much cheaper then M+S and just as good quality.

By the way, what ever happened to the St Michael signature, on the underpants label ?

[emmie]

ever looked at where these clothes are made, propping up the industry that kills people in unsafe factories, Tesco won't be any different from other outlets that outsource much of their clothing lines.

[mikey4444]

One thing I remember about the M+S of old, is that they used to boast that nearly all their clothes were made in Britain, the rest coming from Israel.

My Mum worked in a M+S sewing factory back in the 70's, along with hundreds of others here in South Wales. They appeared to be good employers and enabled my Mum, and lots of other Mums to bring home some much needed extra income. My Dad had a M+S shirt for Xmas every year into the bargain !