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Spencer Tag

5 Sep

Hungry for Beauty, Fragrance Marks & Spencer Taps Floral

LONDON — September is shaping as much as be a landmark month for Marks & Spencer, which is returning to the elite FTSE 100 index of the London Stock Exchange on the back of sales and profit growth, and investing further in its beauty business. Third-party brands are proving to be big money-spinners for the division and now represent 42 percent of total sales at M&S Beauty. The shop said it has been seeing a big crossover between clothing, home and wonder customers, and next month it'll begin stocking greater than 30 Estée Lauder fragrances in-store and online. This week the retailer launched Floral Street, the indie fragrance brand owned and run by Michelle Feeney, a former Estée Lauder Cos. executive. Although...
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10 Jun

Prai Pioneers the ‘Neck Bar’ Offering Massage, Yoga at

LONDON — Prai Beauty is taking its specialist skincare to a latest level, opening what often is the industry’s first neck bar at Marks & Spencer, offering services comparable to yoga, massage and skin consultations using a handheld device. The Neck Bar has opened at M&S Leeds White Rose, with more to come back across the country. The opening of the stand-alone bars is a milestone for Prai, which until now had only offered hands-on services, comparable to “neckcials,” through pop-ups at M&S, and on Princess, Carnival and Seabourn cruise ships. The services at M&S are free and complement Prai’s already robust business at the shop. The Prai Beauty Ageless Throat & Decolletage Crème, which retails for 26.99 kilos, has long been...
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28 May

Marks & Spencer Bounces Back With Fashion

LONDON — Fashion is back in business at Marks & Spencer. The retailer reported that pretax profits rose by 21 percent to 476 million kilos within the yr to April 1 due to apparel. Marks & Spencer has been doubling down on the denim market. The report said their denim market share grew by 13 percent, up from 10 percent from two years ago. Sales on the business increased by 9.6 percent to 12 billion kilos. The news sent shares up almost by 12 percent for the publicly listed company. The apparel numbers held their very own. Marks & Spencer sold 1.6 million pairs of their 22.50 kilos jeans; men’s crewneck T-shirts and polo shirts were two of the bestselling lines with 2.7...
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