focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied Materials
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied MaterialsView Video
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to mining
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to miningView Video

Latest Share Chat

Pin to quick picksMarks & Spencer Share News (MKS)

Share Price Information for Marks & Spencer (MKS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 278.70
Bid: 278.60
Ask: 278.80
Change: 2.90 (1.05%)
Spread: 0.20 (0.072%)
Open: 277.30
High: 279.00
Low: 275.20
Prev. Close: 275.80
MKS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

M&S blames Brexit for French store closures

Thu, 16th Sep 2021 10:57

(Sharecast News) - Marks & Spencer has blamed Brexit for its decision to close 11 high street food stores in France and leave many Parisians without their favourite sandwiches.

The FTSE 250 retailer said supply chain problems caused by Brexit had made it almost impossible to provide food to the stores at an acceptable standard. M&S has agreed with its franchise partner SFH to shut all their stores, which Parisians visit for sandwiches and upmarket treats, by the end of 2021.

M&S's M&S's French online operation, which concentrates on clothing and homeware, will not be affected and nine stores at travel hubs will stay open. M&S re-entered the French market 10 years ago using a franchised model that was popular with UK expats and locals.

"The supply chain complexities in place following the UK's exit from the European Union now make it near impossible for us to serve fresh and chilled products to customers to the high standards they expect, resulting in an ongoing impact to the performance of our business," Paul Friston, M&S's managing director of international, told the BBC.

Empty shelves have been reported in M&S's French stores after post-Brexit trading arrangements imposed complex paperwork. The company replaced fresh and chilled foods at its 18 stores in the Czech Republic with frozen items because of delivery holdups.

M&S's Chairman Archie Norman predicted problems two years ago as the UK headed towards Brexit. He said: "If our lorries are sitting in a lorry park near Dover for half a day that would be the demise of the great M&S sandwich in Paris."

More News
11 Jan 2024 08:40

LONDON MARKET OPEN: Stocks in the green; M&S slides as Tesco edges up

(Alliance News) - Stock prices in London climbed at Thursday's market open, with investors feeling hopeful ahead of US inflation data, and considering Christmas updates from grocery companies.

Read more
11 Jan 2024 07:41

LONDON BRIEFING: M&S reports strong sales momentum; Tesco ups guidance

(Alliance News) - Stocks in London are tipped for a strong start on Thursday, as global equity markets benefit from optimism ahead of the US inflation print later in the day.

Read more
11 Jan 2024 07:01

M&S sees FY in line as Christmas sales rise 8.1%

(Sharecast News) - UK retailer Marks & Spencer said it expected to deliver annual results in line with expectations despite higher-than-expected cost increases as it reported an 8.1% rise in sales over the key Christmas quarter driven by food revenue and womenswear.

Read more
10 Jan 2024 08:49

LONDON MARKET OPEN: Grocers weigh on FTSE as Sainsbury's disappoints

(Alliance News) - Stock prices in London opened mixed on Wednesday, as investors remained cautious ahead of US inflation data, and rising geopolitical tensions.

Read more
9 Jan 2024 08:00

UK's M&S Christmas food sales growth topped only by Lidl

M&S food sales up 12.1% year-on-year in 12 weeks to Dec 30 -NIQ

*

Read more
9 Jan 2024 07:54

UK discounter B&M keeps profit outlook after Christmas sales rise

Third quarter revenue up 5%

*

Read more
8 Jan 2024 17:07

FTSE 100 lags European peers as oil drags

Shell drops; flags Q4 writedown on Singapore assets

*

Read more
5 Jan 2024 16:26

UK's Asda to match some discounter prices in push for market share

Asda to match Aldi and Lidl prices on 287 products

*

Read more
5 Jan 2024 16:02

UK dividends calendar - next 7 days

Monday 8 January 
abrdn Equity Income Trust PLCdividend payment date
Intermediate Capital Group PLCdividend payment date
Tuesday 9 January 
no events scheduled 
Wednesday 10 January 
Assura PLCdividend payment date
Bellway PLCdividend payment date
Fidelity Special Values PLCdividend payment date
LXi REIT PLCdividend payment date
Severn Trent PLCdividend payment date
Volex PLCdividend payment date
Vp PLCdividend payment date
Thursday 11 January 
AJ Bell PLCex-dividend payment date
Ashtead Group PLCex-dividend payment date
BlackRock Latin American Investment Trust PLCex-dividend payment date
CMC Markets PLCdividend payment date
dotdigital Group PLCex-dividend payment date
Ecora Resources PLCex-dividend payment date
European Assets Trust PLCex-dividend payment date
Foresight Group Holdings Ltdex-dividend payment date
GSK PLCdividend payment date
ICG-Longbow Senior Secured UK Property Debt Investments Ltdex-dividend payment date
JPMorgan Asia Growth & Income PLCex-dividend payment date
Keystone Positive Change Investment Trust PLCex-dividend payment date
LondonMetric Property PLCdividend payment date
Murray International Trust PLCex-dividend payment date
National Grid PLCdividend payment date
Primary Health Properties PLCex-dividend payment date
Sage Group PLCex-dividend payment date
Smiths News PLCex-dividend payment date
SSE PLCex-dividend payment date
Supermarket Income REIT PLCex-dividend payment date
TR Property Investment Trust PLCdividend payment date
Walker Crips Group PLCex-dividend payment date
WH Smith PLCex-dividend payment date
Worldwide Healthcare Trust PLCdividend payment date
XPS Pensions Group PLCex-dividend payment date
Friday 12 January 
3i Group PLCdividend payment date
Associated British Foods PLCspecial dividend payment date
Caffyns PLCdividend payment date
Celebrus Technologies PLCdividend payment date
Chelverton UK Dividend Trust PLCdividend payment date
CML Microsystems PLCdividend payment date
Gore Street Energy Storage Fund PLCdividend payment date
Helical PLCdividend payment date
Impellam Group PLCdividend payment date
JPMorgan European Growth & Income PLCdividend payment date
Marks & Spencer Group PLCdividend payment date
Oxford Instruments PLCdividend payment date
Pets At Home Group PLCdividend payment date
Polar Capital Holdings PLCdividend payment date
Redde Northgate PLCdividend payment date
Regional REIT Ltddividend payment date
Scottish Oriental Smaller Companies Trust PLCdividend payment date
Triple Point Energy Transition PLCdividend payment date
Tritax EuroBox PLC dividend payment date
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
5 Jan 2024 08:57

LONDON BROKER RATINGS: Jefferies cuts Mondi to 'hold' from 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
5 Jan 2024 07:39

LONDON BRIEFING: Clarkson to beat expectations; Ithaca CEO leaves

(Alliance News) - Stocks in London are expected to head lower at Friday's market open, as the year-end optimism about US rate cuts ebbs ahead of crucial economic data.

Read more
4 Jan 2024 17:03

FTSE 100 rebounds as Next outweighs slump in JD Sports

Next shines on profit forecast hike

*

Read more
4 Jan 2024 14:01

UK earnings, trading statements calendar - next 7 days

Friday 5 January 
no events scheduled 
Monday 8 January 
no events scheduled 
Tuesday 9 January 
B&M European Value Retail SATrading Statement
Games Workshop Group PLCHalf Year Results
Wednesday 10 January 
Glenveagh Properties PLCTrading Statement
Greggs PLCTrading Statement
Gym Group PLCTrading Statement
Hunting PLCTrading Statement
J Sainsbury PLCTrading Statement
Nichols PLCTrading Statement
Persimmon PLCTrading Statement
Thursday 11 January 
Atrato Onsite Energy PLCFull Year Results
Ferrexpo PLCFull Year Results
Hilton Food Group PLCFull Year Results
Knights Group Holdings PLCHalf Year Results
Marks & Spencer Group PLCTrading Statement
MJ Gleeson PLCTrading Statement
Reach PLCTrading Statement
Robert Walters PLCTrading Statement
Taylor Wimpey PLCTrading Statement
Tesco PLCTrading Statement
Whitbread PLCTrading Statement
XP Power LtdTrading Statement
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
3 Jan 2024 16:52

LONDON MARKET CLOSE: Stocks down ahead of US Fed minutes

(Alliance News) - Stock prices in London closed lower on Wednesday, as investors nervously look ahead to the latest US Federal Reserve meeting minutes.

Read more
3 Jan 2024 08:46

TOP NEWS: UK grocers enjoy bumper Christmas and inflation cools

(Alliance News) - The UK grocery sector had its busiest festive period since the onset of the Covid-19 pandemic four years ago, numbers from Kantar showed on Wednesday, while price inflation worries for consumers abated.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.