RE: HAPPY NEW YEAR4 Jan 2022 11:52
Chitling, JJ - Just been analysing the MKS website this morning - the stock they have sold at full price by my calculations is quite simply staggering, even the sale items, the majority are selling at a 20pct, 30pct discount with very few items selling at 50pct off - some goodmove items which have come onto the website after the 1st Jan have sold out already - the figures on the 13th will imo be spectacular - the idea of selling Marks dresses/trousers etc directly next to Hobbs/Seasalt etc is genius as it pitches Marks against higher end retailers and I am convinced this has given MKS market share as customers try Marks clothes for the first time - we will see in the trading update but as I have said before I am very very confident in this share and convinced it will go north of 3 quid in the next couple of months - gla dyor etc