Marks&Spencer Big Bank Lowers Target Stock Price

< p > Britain's largest a href= "http://www.91se91.com/news/index_c.asp" > clothing retailer < /a > Marks&SpencerGroupPLC (LON:MKS) Martha department store was lowered by the big bank, including HSBC HSBC. The stock price of Marks&SpencerGroupPLC (LON:MKS) Martha store fell nearly 4% on Wednesday, and the deadline for publishing was 3.80% and 434.40 pence.

< /p >

< p style= "TEXT-ALIGN: center" > img border= "0" alt= "align=" center "src=" /uploadimages/201312/20/20131220094920_sj.JPG "/" < < > >

"P > UBS UBS, in an investor report this year, is also pessimistic about the anticipation of the Marks&SpencerGroupPLC (LON:MKS) Martha department store's financial year.

UBS UBS expects Marks&SpencerGroupPLC (LON:MKS) Martha department store to have a pre tax profit of 2014 in fiscal year 4%, down 8% in the next fiscal year.

< /p >

HSBC, HSBC, lowered its target stock price from 550 pence to 530 pence, although it gave Marks&SpencerGroupPLC (LON:MKS) a href= "http://www.91se91.com/news/index_c.asp" > Martha store "/a" to "overweight plus" stock rating. However, its target share price was reduced from 530 pence to HSBC pence.

< /p >

< p > November 5th, Marks&SpencerGroupPLC (LON:MKS) Martha department store released its first half financial year results, and group clothing sales have declined for ninth consecutive quarters. Sales of general merchandise departments, mainly a href= "http://www.91se91.com/news/index_c.asp" and "clothing sales" /a, have dropped by 1.5% over the same period last year, with a 1.6% decline in the first quarter and narrowed to 1.3% in the two quarter of September 28, 2013, which is better than analysts forecast 1.5%, and the smallest decline in more than two years.

< /p >

MarcBolland, Martha, chief executive officer of P, Marks&SpencerGroupPLC (LON:MKS), said that early signs of improvement had been seen, which made investors hope for Marks&SpencerGroupPLC (LON:MKS) Martha department store. The share price rose to more than 500 pence after the earnings announcement. However, the deterioration of the market led to another setback in Marks&SpencerGroupPLC (LON:MKS) Martha department store.

< /p >

< p > in addition, there is news that last week Marks&SpencerGroupPLC (LON:MKS) Martha department store sold less than expected 30 million pounds, while Marks&SpencerGroupPLC (LON:MKS) Martha general store Irish staff said that three strikes will be held in this holiday season, believing that the adverse effects of the key selling season will also cause losses to Marks&SpencerGroupPLC (LON:MKS) Martha department store.

< /p >

< p > related links: < /p >

< p > Martha department store (Marks&Spencer) was originally a "one yuan convenience" store in 1884, and it did not develop into a chain store until 1915.

In the decades since the establishment of Marks&Spencer in Martha, it has grown rapidly, and chain stores have expanded to the world.

In 1990s, "relationship management" emerged in the West. As an enterprise that has successfully applied "relationship management", Marks&Spencer Martha has become the focus of research.

< /p >

< p > British Martha department store (Marks&Spencer) owns "Martha" and its own brand and many multi brand; the group currently has more than 75 thousand employees, has more than 600 stores in the UK, and has 275 branches in 40 regions of the world.

< /p >

Martha P has a large number of technical personnel working closely with manufacturers to cooperate and supervise the selection of materials, technology, quality control, production technology, etc. in Marks&Spencer.

Based on this concept, Marks&Spencer in the United Kingdom crossed the wholesaler link in the industry, greatly reducing the cost. At the same time, close cooperation with manufacturers, coupled with the market survey and product design of Marks&Spencer department store (Marks&Spencer) in the United Kingdom, to meet the needs of consumers to the greatest extent, achieved the goal of "providing high-quality goods for the target customers with the ability to buy".

This service realized the pformation from traditional passive service to active service. First, it broke through the tradition of department stores, and innovative business philosophy made it unique in department stores.

< /p >