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M&S Clothing Sales Ushered In The First Growth In Four Years.

2015/4/5 14:28:00 14

M&SClothingSales Performance

It is understood that the early rise of Marks and Spencer Group PLC (MKS.L) was also up to 17% in 2015 so far, and its current share price has hit a new high since 2008.

It has gone through since 2011.

Sale

After a prolonged recession (14 consecutive quarters),

Marks and Spencer Group

The sales of PLC (MKS.L), Marsha, M&S clothing sales are beginning to dawning. The General Merchandise and general merchandise department of this category achieved an increase of 0.7% in the same quarter as of the four quarter of March 28, 2015, while the data recorded a 5.8% year-on-year decline in the three quarter, and analysts also expected to drop 1.1%.

News stimulated Marks and Spencer Group PLC (MKS.L) shares surged more than 6% in early trading on Wednesday.

Fourth quarter Marsha general store M&S

Clothes & Accessories

Sales in the same store increased by 0.6% on a yearly basis, while the overall sales volume of the general merchandise department, which includes household goods and shoes, rose by 1.3% except for clothing. The sales growth of online sales website M&S.com, GM also resumed its expected growth rate, an increase of 13.8% over the same period in the 2013 fiscal year.

The result is a short breathing space for Marc Bolland, chief executive of Marks and Spencer Group PLC, M&S, which has been unable to lead the recovery of Marsha's department and face pressure from shareholders and the market.

Marc Bolland said in its earnings report: "we have made strong progress."

Marsha, M&S, said that thanks to the group's emphasis on product quality and style, spring and summer new clothes have been widely welcomed by consumers, which makes the sales of positive products increase and the discount rate is reduced accordingly.

The group maintains that the gross profit margin of the general merchandise department of GM general merchandise is increased by +150 to +200 basis points.

In addition, due to cost control, the growth of operating cost was further reduced to 1.5%, after which the data had been cut from 3.5% to 2%.

Fourth quarter food sector sales also recorded a 0.7% growth, 22 consecutive quarters of growth, the overall sales of the sector increased by 3.7%.

The group will announce its full financial results in fiscal 2014 in May 20th.

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Looking at the whole country, the sales volume of China's heavyweight shopping center last year topped the list of 7 billion 500 million yuan in Beijing Xinguang world. Nanjing's De Ji square and Guangzhou good Plaza ranked two or three in 6 billion 640 million yuan and 6 billion 400 million yuan respectively, while the Mixc in Shenzhen ranked fourth in the country and 6 billion 200 million in Shenzhen in the first place.

From the Shenzhen region, in addition to the top 6 billion 200 million yuan in the Mixc, the sales of Shenzhen bar shopping center in coastal city, Yitian holiday square and Jin Guanghua square were 2 billion 400 million yuan, 2 billion yuan and 1 billion 900 million yuan respectively in 2014, and the length of the coastal city, Yitian holiday square and Jin Guanghua square were all over two figures; and the KK Mall, which opened for four years, reached 1 billion 100 million yuan in 2014.

It is understood that there are group companies behind the shopping mall in Shenzhen.

The Mixc is the construction of Huarun group, a subsidiary of Huarun group. The coastal city of Shenzhen is built by Shenzhen coastal group. The series CoCo Park is built by Xinghe group of Shenzhen. The imperial court is built by Shenzhen imperial court group. The overseas Chinese town happy coast is built by overseas Chinese town group. The probability of taking the land in Shenzhen is close to zero. Therefore, the pattern of shopping center is basically set.


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