The company, by applying prudent marketing techniques, has been able to grab market share of around 11.7% by value and 12.4% by volume. Marks and Spencer has also been actively involved in the business of marketing and selling edible products which has earned the company immense revenue in the past few years. Through its unmatchable food quality, Marks and Spencer is now regarded as one of the finest when it comes to quality food products. The financial outlook of the company also looks quite stable. During the financial year of 2012, the company has been able to increase its revenue by an impressive 2.0% to a striking ?9.9 billion though the operating profit of the company took a slight downward plunge of about 1.2%. In addition, the financial ratio analysis of the company and the comparison of the company with its competitor also show that a positive financial outlook can be forecasted. INTRODUCTION The paper presents evaluates the financial performance of Marks and Spencer, a highly recognized name in the fashion market. Marks and Spencer is a listed company and has been operating lucratively for the past many years. The company operations have been highly successful in the past many years and it portrays sound and stable financial outlook. Following is a brief and recent financial highlight of the company Financial Highlight of the Company The paper primarily discusses the financial outlook of the company as evaluated through its financial statements. The initial section of the page discusses the key operations of the company and under what conditions it is operating in the UK market. The paper briefly discuses the historical financial performance of the company focusing group revenue and profit before and after tax. Moving forward, the paper presents a comparison of the current and last year financial performance of the company through financial statement ratio analysis. The primary reason to conduct a ratio analysis is to quantify the results of the operations of a company and compare them with that of the prior year(s) in order to assess different aspects of the financial feasibility. The ratios are divided into profitability, liquidity and gearing ratios. The paper identifies the areas, through ratio analysis, where the company is performing well and where it needs improvements. In conclusion the paper presents a comparison of the financial and operational performance of Marks and Spencer with one of its primary competitors, Debenhams. Major financial ratios are compared and in addition, historical share prices are also analyzed of both companies in order to identify which company has a better market capitalization and better reputation from investor’s perspective. For the purpose of the financial analysis, the historical financial information from the financial year 2012 till 2008 has been used. RECENT ANALYSIS OF UK RETAIL INDUSTRY During the current financial year 2012, the UK retail industry witnessed a mix trend. As reported by the Marks and Spencer in its press releases, the start of the current financial year was better than expected and the company reaped great profit. However it was observed that later half of the current year proved to be more difficult for doing business, especially the month of August and September. During that particular period, the share price of Marks and Sp
EXECUTIVE SUMMARY Marks and Spencer is one of the leading and the most recognized name in the fashion industry. For the past many years the company has been considered a synonym for unmatched quality and unmatchable service. The company is considered to be one of the UK’s leading retailers with the customer base of more than 21 million visiting the M&S stores on a weekly basis…
The competitiveness of organizations in the context of the global market is often depended on their ability to control their performance. Still, the measures taken in organizations worldwide for the standardization of performance are often inadequate. Particular problem seems to exist in regard to the ability of managers to identify effective performance management (PM) systems.
This paper discovers the phenomenon of knockoffs in the context of fashion. It was greater than art as they provided the reason for living a life you want to live as per your style. With the passage of time, fashion has turned into the form of applied art. In yester years, one was putting the clothes on the body aiming at to cover and keep the body warm.
Today, supply chains have become retail centric where retailers have grabbed the power of control over the supply chain. This research report will analyze a case study of a retail centric supply chain participant demonstrating the strategies it used to retain its dominance.
In each country, the preferences of consumers are likely to be influenced by the local ethics and culture. Thus, the successful promotion of products and services in the international market is dependent on the ability of marketers to identify the marketing strategies that would be more easily aligned with the social beliefs of each region.
The effect of globalization in the recent times is being dispersed in a very smooth manner due to the high level penetration that has been attained by the internet and other highly sophisticated technology devices in various global markets. As a direct impact of globalization, consumers located in various markets around the world are increasingly becoming aware of the highly diversified kinds of product and service offerings that are available in the global markets.
In all the methods available to investors, investment analysts provide an almost endless stream of information and recommendations for investors to sort out. There are often claims that some shares are undervalued, some overvalued while the others value represent a true market value.
The rest of the paper is organised as follows: Section 2 provides profitability analysis of the company. Section 3 analyses the liquidity position of Mark and Spencer while section four, which is the industry for the four companies under study, section 4 focuses on the solvency position.
Accounting plays an important role in the organization. The accounting records firstly provide accurate information about the financial position of the company to the employees of the company and also the investors, shareholders and other stakeholders of the company.
By the end of 1998 though, there was evidence of a crisis occurring. Until the late 1990's Marks & Spencer plc was hugely successful in terms of profit and market share. Since then it has been a company in decline-a company seemingly losing its position and place in its industry.