Marks and Spencer Group plc·Consumer Cyclical

Britain's Marks & Spencer said its clothing arm will introduce monthly capsule collections from Thursday, building on its traditional seasonal drops to get new fashions to shoppers more quickly.

The cyber attack that wrecked the first half of FY26 is behind it. Shore Capital says the company trades at a steep discount to rivals and the recovery is real Marks and Spencer Group PLC (LSE:MKS) closes its financial year on 28 March, having absorbed one of the most disruptive periods in its recent history.

Shore Capital remains upbeat on the prospects for Marks and Spencer Group PLC (LSE:MKS), arguing that the retailer remains materially undervalued given the strength of its operational turnaround and the scale of future earnings potential. Following a meeting with management, analysts said the investment case is “strengthening”, underpinned by further progress in food, early signs of online fashion recovery and a disciplined infrastructure programme that supports long-term margin and cash flow improvements.

Big grocers Tesco and Sainsbury's showed their strength in January, while some listed rivals saw sales growth slow in the new year, as price inflation eased to its lowest in nine months. Grocery price inflation rose 4.0% in January, down from 4.3% in December and 4.7% in October and November, to a level not seen since April last year, as supermarkets ramped up promotioins, according to the latest data from Worldpanel by Numerator.

Marks & Spencer's technology chief Josie Smith has left the British retailer less than a year after a cyberattack paralysed operations and cost about 300 million pounds in lost profit, Sky News reported on Tuesday.

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Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and 'Food on the Move' products. The company also provides womenswear, menswear, lingerie, kids wear, and home products; financial services, including credit cards, payment solutions, insurances, savings, and loans; and renewable energy services. In addition, it invests in and develops real estate properties; operates international franchises; and provides its products online. The company also exports its products. It operates 1,487 stores in worldwide. The company was founded in 1884 and is headquartered in London, the United Kingdom.
Consumer Cyclical
Department Stores
64,000
2007-07-30
1.08