Antwort Why is M&S so popular? Weitere Antworten – Why are M and S so successful

Why is M&S so popular?
M&S's past success depended on a philosophy of value for money, quality and service. It had built an extremely strong brand which had an appeal to a high proportion of the 'middle market' in the UK who had high brand loyalty. M&S was very selective in having quality locations and relatively simple product ranges.We sell high quality, great value clothing and home products and outstanding quality food. We source our products responsibly from 2,000 suppliers around the world. Over 76,000 people work for M&S both in the UK and in 41 territories overseas, where we have a growing international business.Despite continuing to perform well, M&S shares still look decent value. EPS growth of around 8-9 per cent for 2025 and 2026 looks very doable, yet the shares at 242p are valued at less than 10 times the next year's forecast EPS. This looks very cheap.

How are M and S doing : M&S delivered strong results in 2022/23 despite significant inflationary cost headwinds impacting margins, reflecting the benefits of its programme to reshape for growth. Profit before tax and adjusting items for the period was £482.0m (2021/22: £522.9m).

Is Marks and Spencer a luxury brand

Marks and Spencer is a luxury brand that combines comfort and style as every fabric and clothing has a fashionable pattern and tasteful finishing touches.

What is Marks & Spencer known for : We are a British value-for-money retailer focused on our own label businesses, including Food, Clothing & Home, and Bank & Services. Together our 65,000 colleagues across our stores, support centres, warehouses and supply chain serve nearly 30 million customers every year.

What makes M&S unique is the lengths we go to in innovating, designing, developing, and sourcing our products.

M&S has a heritage of quality, innovation and value for money and has been voted the UK's most trusted brand. From these foundations, M&S is reshaping for sustainable profitable growth and value creation.

Who is the target audience for M and S

2.3 Target segment

The company's annual report states “our core customers continue to be those aged 45 plus, social-economical group ABC1 and the loyal 1-2 shop shoppers as well.Competitor comparison

  • Walmart Inc Headquarters. 2,100,000. $648.1B.
  • Tesco Plc Headquarters. United Kingdom. 222,306. $84.8B.
  • J Sainsbury Plc Headquarters. United Kingdom. 107,000. $40.7B.
  • Industria de Diseno Textil SA Headquarters. Spain. 154,519. $38.9B.

Shoppers selected H&M as the number one brand for fit in 2022, followed by M&S, New Look, Next and Nike in the top five for True Fit's 'Favourite Fitting Brands' report. ASOS, Zara, Topshop, Boden and Adidas rounded out the top 10 brands.

A 'fast fashion' approach to design, turning around new dresses from drawing board to shelf in as little as a month, is driving the revival at M&S. Historically, the 139-year-old chain would take a year to sign off and produce a new design, leaving it at the mercy of sudden changes in high street tastes.

Why is Spencer famous : Herbert Spencer is famous for his doctrine of social Darwinism, which asserted that the principles of evolution, including natural selection, apply to human societies, social classes, and individuals as well as to biological species developing over geologic time.

Who are Marks and Spencer’s competitors : Marks & Spencer Group's competitors and similar companies include Lawson, Debenhams, Macy's, John Lewis Partnership, Aldi UK, Asda, Tesco, Next and Waitrose & Partners. Marks and Spencer Group is a retailer operating various retail stores.

What gender does H&M target

Even though H&M offers clothing and accessories for all ages for both men and women, their target market is women.

Stores built for bygone age Stores built in the 1920s or earlier are now often the wrong size, in the wrong place or need huge investment to modernise them. The company was too slow to close or move outlets to busier spots and did not invest enough in updating.M&S has been criticized for lacking a strong value proposition and struggling to differentiate itself effectively in a crowded retail market. This weakness makes it challenging for M&S to appeal to customers and maintain their loyalty.

Is Marks & Spencer a luxury brand : Our dedication to quality in each and every fabric we manufacture has always set us apart from the competition. Marks and Spencer is a luxury brand that combines comfort and style as every fabric and clothing has a fashionable pattern and tasteful finishing touches.