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Pin to quick picksMarks & Spencer Share News (MKS)

Share Price Information for Marks & Spencer (MKS)

London Stock Exchange
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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
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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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LONDON MARKET MIDDAY: FTSE 100 falters; eyes on US data

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27 Feb 2024 10:28

M&S investing £89m to raise store workers' pay to £12 an hour

(Sharecast News) - High street retailer Marks & Spencer has announced it is to pay UK workers in the Real Living Wage of £12 per hour and make "significant improvements" in family leave policies.

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27 Feb 2024 08:32

TOP NEWS: UK grocery price inflation decelerates amid Valentine's Day

(Alliance News) - Grocery price inflation dropped to two-year low in the UK, as shoppers prioritised savings on Valentine's Day, new data on Tuesday showed.

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26 Feb 2024 15:11

London close: Stocks fall as investors look to US data

(Sharecast News) - London markets closed in negative territory on Monday, as investors remained cautious ahead of the release of crucial US economic data later in the week.

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26 Feb 2024 11:08

M&S withholding multi-million pound payment to Ocado over performance failures

(Sharecast News) - Ocado slumped on Monday following a report over the weekend that Marks & Spencer is withholding a multimillion-pound payment to the group after their grocery delivery venture missed key performance targets.

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16 Feb 2024 12:07

LONDON MARKET MIDDAY: Stocks up as UK retail sales soften GDP jitters

(Alliance News) - Stock prices in London were up strongly at midday on Friday, buoyed by UK retail sales data that came in far better than expected and soothed worries about the economy after numbers on Thursday showed it entered recession last year.

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16 Feb 2024 08:41

LONDON MARKET OPEN: Stocks climb amid UK retail sales surprise

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15 Feb 2024 11:45

Marks & Spencer adds Puma, Reebook to sports edit platform on website

(Alliance News) - Marks & Spencer Group PLC on Thursday announced an expansion in the range of sportswear products.

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30 Jan 2024 09:02

TOP NEWS: UK grocery price inflation slowdown pauses in January

(Alliance News) - UK consumers continued to hunt for deals during their supermarket shopping in January, numbers from Kantar on Tuesday showed, but more limited promotional activity meant price inflation only eased slightly.

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23 Jan 2024 11:23

Staffline shares fall as profit declines; notes headwinds

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19 Jan 2024 12:04

LONDON MARKET MIDDAY: FTSE 100 edges up despite poor UK retail sales

(Alliance News) - The FTSE 100 edged higher on Friday at around midday, though the pound struggled after data showed that UK retail sales plunged in December.

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19 Jan 2024 08:50

LONDON MARKET OPEN: FTSE 100 rises amid UK shock retail sales print

(Alliance News) - Stock prices in London outperformed on Friday's market open, after weaker-than-expected UK retail sales data appeared to stoke hopes of an earlier interest rate cut.

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18 Jan 2024 12:47

M&S to invest £30m in Scottish stores

(Sharecast News) - Marks & Spencer Group is to invest £30m overhauling its Scottish offering, including closing one of its stores in Aberdeen, the retailer said on Thursday.

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17 Jan 2024 16:55

LONDON MARKET CLOSE: Stocks slump as Fed rate cut hope dwindles

(Alliance News) - European equities slumped on Wednesday, as interest rate expectations, on both sides of the Atlantic, were re-assessed on the back of some hawkish rhetoric and hotter inflation data.

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