M&S undies!
Jan 14th 2004, 2:18 pm
#1
Lost in BE Cyberspace
Thread Starter
Joined: Nov 2003
Location: Scotland
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M&S undies!
M&S undies get such a mention on this forum I thought I would pass on the business news released today. M&S had a disastrous Christmas and sales period. Sales were down 2.5% on the same time last year and it was put down entirely to poor clothes of basic clothing. The director in charge of clothing was given the sack. They said something about intense pressure from other retailers on the High Street but I thought it must be because all the people who would normally buy the undies have emigrated!
OzTennis
Dixons on the other hand reported sales up 5% but because of massive discounting this was achieved through a much larger % increase in volume.
OzTennis
Dixons on the other hand reported sales up 5% but because of massive discounting this was achieved through a much larger % increase in volume.
Jan 14th 2004, 2:21 pm
#2
Lost in BE Cyberspace
Thread Starter
Joined: Nov 2003
Location: Scotland
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'Sales' period and poor sales of basic clothing even!
OzT
OzT
Jan 14th 2004, 2:38 pm
#3
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Posts: 987
Re: M&S undies!
Originally posted by OzTennis
M&S undies get such a mention on this forum I thought I would pass on the business news released today. M&S had a disastrous Christmas and sales period. Sales were down 2.5% on the same time last year and it was put down entirely to poor clothes of basic clothing. The director in charge of clothing was given the sack. They said something about intense pressure from other retailers on the High Street but I thought it must be because all the people who would normally buy the undies have emigrated!
OzTennis
Dixons on the other hand reported sales up 5% but because of massive discounting this was achieved through a much larger % increase in volume.
M&S undies get such a mention on this forum I thought I would pass on the business news released today. M&S had a disastrous Christmas and sales period. Sales were down 2.5% on the same time last year and it was put down entirely to poor clothes of basic clothing. The director in charge of clothing was given the sack. They said something about intense pressure from other retailers on the High Street but I thought it must be because all the people who would normally buy the undies have emigrated!
OzTennis
Dixons on the other hand reported sales up 5% but because of massive discounting this was achieved through a much larger % increase in volume.
M & S have outpriced themselves, for high street clothes. We have a M&S whare house near us, I occasionally buy from there, but is still too pricey....
Jan 14th 2004, 3:21 pm
#4
Good to be back in UK
Joined: Oct 2003
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Re: M&S undies!
Originally posted by OzTennis
The director in charge of clothing was given the sack. They said something about intense pressure from other retailers on the High Street but I thought it must be because all the people who would normally buy the undies have emigrated!
OzTennis
The director in charge of clothing was given the sack. They said something about intense pressure from other retailers on the High Street but I thought it must be because all the people who would normally buy the undies have emigrated!
OzTennis
When in Rome..............
Jan 14th 2004, 3:26 pm
#5
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Does anyone know why M&S have never ventured into the Aussie market? There are lots of M&S stores all over Europe.
Jan 14th 2004, 3:26 pm
#6
Wishing on a star...
Joined: Nov 2003
Location: UK.
Posts: 539
I have never seen the big attraction with M & S undies. Overpriced for the quality that they are.
Could always go commando i suppose....
Could always go commando i suppose....
Jan 14th 2004, 3:55 pm
#7
Kiwified member
Joined: Oct 2003
Location: New Plymouth, NZ
Posts: 1,647
Got a pair of Bonds on this very second, Jirrupin, bought about a year ago now when I was in NZ ( god that is a long time to have a pair of knickers for!!).
Looking forward on stocking up on some new ones!
Looking forward on stocking up on some new ones!
Jan 14th 2004, 6:00 pm
#8
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Joined: Jan 2004
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Re: M&S undies!
Originally posted by OzTennis
M&S undies get such a mention on this forum I thought I would pass on the business news released today. M&S had a disastrous Christmas and sales period. Sales were down 2.5% on the same time last year and it was put down entirely to poor clothes of basic clothing. The director in charge of clothing was given the sack. They said something about intense pressure from other retailers on the High Street but I thought it must be because all the people who would normally buy the undies have emigrated!
OzTennis
Dixons on the other hand reported sales up 5% but because of massive discounting this was achieved through a much larger % increase in volume.
M&S undies get such a mention on this forum I thought I would pass on the business news released today. M&S had a disastrous Christmas and sales period. Sales were down 2.5% on the same time last year and it was put down entirely to poor clothes of basic clothing. The director in charge of clothing was given the sack. They said something about intense pressure from other retailers on the High Street but I thought it must be because all the people who would normally buy the undies have emigrated!
OzTennis
Dixons on the other hand reported sales up 5% but because of massive discounting this was achieved through a much larger % increase in volume.
Well, I *did* go buy loads of food in there today....
And in answer to the person who asked about M&S branches abroad - they have been retrenching (no Toronto or Den Haag shops now to my certain knowledge). You will find the nearest branch to Oz is Hong Kong (2 branches, 1 in Causeway Bay, the other in CBD). Sizes tend to be small, for HK spec ladies (ie no bras over about 34B).
I have no idea why they've never set up in US/Oz/NZ - all my freinds/relatives from such places go mad in M&S when they're in the UK.
Yes, folks before I leave the UK, you can see me on 'Mastermind' - special subject: M&S.
Anya.
Jan 14th 2004, 7:35 pm
#9
Joined: Aug 2003
Posts: 11,149
Originally posted by debsy
Does anyone know why M&S have never ventured into the Aussie market? There are lots of M&S stores all over Europe.
Does anyone know why M&S have never ventured into the Aussie market? There are lots of M&S stores all over Europe.
Jan 15th 2004, 12:45 am
#10
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Posts: n/a
Yeah I've been wearing Bonds too. But I find the briefs a bit high up the sides so not as comfy. Give me Next or M or S any day - but it won't be enough to give up Straya.
I'm gonna get it now!!
Badge
I'm gonna get it now!!
Badge
Jan 15th 2004, 12:47 am
#11
Joined: Aug 2003
Posts: 11,149
Originally posted by badgersmount
Yeah I've been wearing Bonds too. But I find the briefs a bit high up the sides so not as comfy. Give me Next or M or S any day - but it won't be enough to give up Straya.
I'm gonna get it now!!
Badge
Yeah I've been wearing Bonds too. But I find the briefs a bit high up the sides so not as comfy. Give me Next or M or S any day - but it won't be enough to give up Straya.
I'm gonna get it now!!
Badge
Jan 15th 2004, 12:51 am
#12
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Location: Sydney beachside
Posts: 3,505
Originally posted by debsy
Does anyone know why M&S have never ventured into the Aussie market? There are lots of M&S stores all over Europe.
Does anyone know why M&S have never ventured into the Aussie market? There are lots of M&S stores all over Europe.
There was talk of M&S opening in Sydney once (10 years ago?), I think some M&S people even came to check some prospective sites and it was definitely mentioned in the press. However, nothing ever eventuated.
Jan 15th 2004, 4:43 am
#15
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Re: M&S undies!
Originally posted by S Oldfield
M & S have outpriced themselves, for high street clothes. We have a M&S whare house near us, I occasionally buy from there, but is still too pricey....
M & S have outpriced themselves, for high street clothes. We have a M&S whare house near us, I occasionally buy from there, but is still too pricey....
Australian retailing in that space is very concentrated and competitive. Australian Woolworths and to a lesser extent Coles-Myer (which has lost its way at the Grace Bros level recently) would have beaten them to a pulp. Those two companies have a very high percentage of the market far higher than WalMart in the States, particularly of the grocery market which makes them household names and gives them deep pockets and geographic spread to compete.
M&S might be a big name for BritishExpats but that is a minority source for migrants these days. Meanwhile China has become a big source for just about everything that has a barcode on it.