Martha Department Store Clothing Sales Fell, Share Prices Fell
< p > Britain's largest < a href= "http://www.91se91.com/news/index_c.asp" > dress > /a > retailers Marks&SpencerGroupPLC (LON:MKS) Martha department stores are in decline for 10 consecutive quarters of clothing sales.
In January 6th, Citigroup Citibank and Bernstein Bernstein lowered their target share price from 575 pence and 420 pence to 510 pence and 400 pence respectively.
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< p style= "text-align: center" > < img border= "0" align= "center" alt= "" src= "" /uploadimages/201401/07/20140107115353_sj.JPG "/" < > > "
< p > by the time of the deadline, in January 6, 2014, Marks&SpencerGroupPLC (LON:MKS) Martha department store shares fell 1.07% to 439.24 pence.
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< p > analyst expects the three quarter Marks&SpencerGroupPLC (LON:MKS) < a href= "http://www.91se91.com/news/index_c.asp" > Martha department store /a > general merchandise department sales at least 0.5% decline, some analysts even predict that the department sales will decline 1.5%, if the situation is bad, Marks&SpencerGroupPLC (LON:MKS) Martha department store may issue a profit warning before January 9th quarterly release.
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< p > compared with Marks&SpencerGroupPLC (LON:MKS) Martha department store, NextPLC, a second largest clothing retailer in the UK, has raised its annual earnings expectations again after exceeding its expected Christmas results, making its a href= http://www.91se91.com/news/index_cj.asp price less than /a rise more than 12% in January 3rd, the largest single day increase in five years.
The annual profit of NextPLC (NXT.L) will increase to 684 million pounds to -7.00 billion in accordance with the expected growth rate of 4%, and it will also exceed MarkandSpencerGroupPLC (MKS.L) Martha's expected 645 million for the first time.
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Martha, P (Marks&SpencerGroupPLC) (department store), the Department of general merchandise (department store) products started 30 percent off weeks before Christmas, which showed that the Department's inventory and sales were bad in the Department of commodities (LON:MKS).
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< p > CEO MarcBolland has joined Marks&SpencerGroupPLC (LON:MKS) Martha department store three years ago, has always been responsible for reversing the general merchandise department based on clothing, and reappointed the management of the Department, and opened up celebrity endorsements, but so far it has not improved.
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< p > according to the relevant data, in the first half of fiscal year 2013, sales of general merchandise departments in the same sales sector decreased by 1.5% compared with the same period last year, with a drop of 1.6% 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.
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< p > related links: < /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.
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< p > Martha, British department store (Marks&Spencer) all goods are not designed by the British department store (Marks&Spencer), but designed by the manufacturer. The products are then delivered to the manufacturer. The manufacturer is strictly responsible for the production according to the specifications supplied by the British Martha general store (Marks&Spencer), so as to ensure that the products have advanced and stable quality. "Marks&Spencer"
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"P" (Marks&Spencer), Martha department store (Marks&Spencer) has a large number of technicians and manufacturers in close cooperation, in the selection, technology, quality control, production technology and other aspects of cooperation and supervision.
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".
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