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Marks & Spencer retail and fashion strategy

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2026-09-18 07:41 UTC → 2026-09-19 13:19 UTC · added ~~removed~~

Marks & Spencer has reported a group revenue of £17.3 billion for the 2025/26 financial year, maintaining significant market shares in the UK fashion and food sectors. As part of a strategic transformation led by CEO Stuart Machin to attract younger consumers and increase the online share of sales, the retailer debuted a 57-look collection at London Fashion Week. This collection, featuring both menswear and womenswear, utilizes a ‘see now, buy now’ model to make items immediately available via the company’s website and 10 flagship ~~stores. The brand aims to modernize its appeal while leveraging its 100-year fashion heritage.~~ stores across the UK and Ireland. The collection draws inspiration from the brand’s archive, with half of the pieces priced under £50. The range focuses on everyday wear, including sharp tailoring, slouchy denim, and faux-fur accessories, with the most expensive item, a leather coat, priced at £450. Beyond fashion, the company is expanding its physical retail footprint, including the opening of a new 14,600 sq ft food store in Sydenham, London. This ~~expansion~~ opening created over 50 local jobs and is part of a broader rollout of new stores across London intended to strengthen the retailer's omnichannel capabilities.

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