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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
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Share Price: 254.60
Bid: 255.50
Ask: 255.70
Change: 0.10 (0.04%)
Spread: 0.20 (0.078%)
Open: 255.30
High: 257.30
Low: 253.00
Prev. Close: 254.50
MKS Live PriceLast checked at -

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Tesco bets on Downton Abbey for own-brand sales boost

Fri, 16th Aug 2013 11:41

LONDON, Aug 16 (Reuters) - Tesco has become thelatest British retailer to link-up with television show DowntonAbbey, hoping an association with the popular post-Edwardianperiod drama will boost sales of its premium own-brand foodrange.

Britain's biggest grocer said on Friday the "Tesco Finest"range, which consists of over 1,400 products from ready meals towine, would sponsor Downton Abbey in the first TV sponsorshipdeal by the range.

In June Tesco posted a drop in quarterly underlying sales inBritain, resuming a trend seen for most of the past three yearsand raising doubts about its 1 billion pounds ($1.56 billion)turnaround plan despite a host of newinitiatives.

The TV sponsorship deal, negotiated by global communicationsnetwork Initiative on behalf of Tesco and television network ITV, will run throughout Downton Abbey's fourth series whichstarts in October and involves a sponsorship package acrossbroadcast, mobile and online platforms.

"Downton Abbey is a great brand fit for Tesco Finest," saidDavid Wood, Tesco's UK marketing director.

Financial details of the deal were not disclosed.

The third series of the show, which climaxed with the carcrash death of the heir to the Downton estate Matthew Crawley,drew in 12 million viewers and a 40 percent share of Britain'sTV audience.

Last month Marks & Spencer launched a Downton Abbeyrange of toiletries, sold in traditional post-Edwardianpackaging.

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11 Mar 2024 09:03

RBC Capital upgrades Marks & Spencer to 'outperform'

(Sharecast News) - RBC Capital Markets upgraded Marks & Spencer on Monday to 'outperform' from 'sector perform' and lifted the price target to 300p from 285p.

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UPDATE: Marks & Spencer confirms Co-CEO Bickerstaffe to leave in July

(Alliance News) - Marks & Spencer Group PLC on Thursday said Co-Chief Executive Officer Katie Bickerstaffe will leave the company after the annual general meeting in July.

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M&S co-CEO Bickerstaffe to retire after AGM in July

(Sharecast News) - Marks & Spencer confirmed on Thursday that co-chief executive Katie Bickerstaffe will retire after the annual meeting in July "to pursue her board career".

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6 Mar 2024 21:08

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M&S wins legal battle against UK government over demolition of store

(Alliance News) - Marks & Spencer Group PLC has won a legal battle against the UK government over plans to demolish one of its flagship London stores.

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(Sharecast News) - Marks & Spencer has come a step closer to demolish its main store on London's Oxford Street after the High Court ruled that a decision by government minister Michael Gove to block the plan was unlawful.

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