EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
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Michael House, 37-67 Baker Street, London W1A 1DN, UNITED KINGDOM<br />
Tel: +44 171-935-4422<br />
Fax: +44 171-487-2679<br />
www.marksandspencer.com<br />
Total Fiscal 2010 Group Sales: $18 Billion (£9.5 Billion) +5.2%; UK Retail Sales: $16.6 Billion<br />
(£8.3 Billion) +9.7%<br />
Percentage of M&S Store Sales in Exclusive Brands: 100%<br />
Principal Business: Marks & Spencer, overseeing a total of more than 900 stores, including 622<br />
M&S stores in the UK, including franchised outlets, is comprised of about 280 department stores<br />
and the balance, under two banners, 299 Simply Food convenience stores and Lifestyle home<br />
furnishings. M&S is the UK’s largest clothing retailer (market value share of 11%). Its foreign<br />
store count totals 278, including some 200+ franchised stores in some 39 territories.<br />
EB Identities: M&S, Classics (cosmetics), per una and per una du (women & teen clothing<br />
collections), Limited Collection (smart wear), Blue Harbour and Blue Harbour Vintage (men’s<br />
wear), Sp (contemporary clothing), M&S Tailoring (suits, shirts and ties), Essentials (underwear),<br />
MW Collection (young women), Ceriso (combined collection of lingerie, sleep wear and beauty<br />
products for younger consumers), Salon Rose, Wild Hearts, Dolce Vita, Autograph Cosmetics,<br />
Organic Extracts (natural toiletries and skin care range), Revival (premium skin care range)<br />
EB skus: N/A<br />
Profile: M&S has opened 98 Simply Food stores (including 64 BP stores) during this period,<br />
bringing that chain count to 299 in the United Kingdom. Internationally, some 38 new M&S stores<br />
were opened, including its entry into four new markets: Lithuania, Serbia, Taiwan, and the<br />
Ukraine. In April 2008, in a venture with Reliance Retail in India, M&S announced plans to open<br />
50 stores there in the next five years. In November 2007, M&S announced its entry into China on<br />
a wholly owned basis and a few months later entered Libya. Its strong international growth is<br />
evident in its fiscal 2008 results, where international sales jumped 16.8% to £ 713 million. In its<br />
food business, up 6.9% in revenues to £ 4.3 billion, the retailer has a number of initiatives<br />
underway. A new fresh ingredients range of 300+ fresh herbs and spices, bread and cake mixes,<br />
etc. has been introduced. M&S announced in April 2008, after three years work, it became the first<br />
retailer to remove all artificial colors and flavorings from its entire food and soft drink range.<br />
Natural colors from fruit and vegetable extracts serve as replacements. Also, its salt-removal effort<br />
now covers 11 of 15 product categories, including ready meals and sandwiches. In April 2007,<br />
M&S introduced a ’Wash at 30 degrees C’ campaign and began relabeling clothing with a “Think<br />
Climate Wash at 30 degrees C.” In June 2007, the retailer became the first to launch school wear<br />
mead from recycled plastic bottles. Then three months later, M&S reported that it had cut up to<br />
82% of saturated fat levels in more than 500 products. In the summer of 2008, M&S began a trial