×
186
Fashion Jobs
ESTÉE LAUDER
Clinique - Consultant - Brown Thomas, Galway - 18.5 Hours - Part-Time - Permanent
Permanent · Galway
SHISEIDO
Laura Mercier Account Manager - Brown Thomas Limerick (37.5 Hours)
Permanent · Limerick
ESTÉE LAUDER
la Mer - Business Manager - Brown Thomas, Dublin - 37.5 Hours / 5 Days - Full-Time, Permanent
Permanent · Dublin
ESTÉE LAUDER
Clinique - Consultant - bt2, Dundrum - 22.5 Hours / 4 Days - Part-Time, Permanent
Permanent · Dublin
ESTÉE LAUDER
Clinique - Consultant - bt2, Dundrum - 15 Hours / 3 Days - Part-Time, Permanent
Permanent · Dublin
SHISEIDO
Nars Account Manager- Brown Thomas, Cork (37.5 Hours)
Permanent · Cork City
ESTÉE LAUDER
Clinique - Consultant - Brown Thomas, Galway - 18.5 Hours - Full-Time - Permanent
Permanent · Galway
SHISEIDO
Nars Account Manager - bt2 Dundrum
Permanent · Dublin 16
SHISEIDO
Bareminerals Account Manager - Boots, Belfast
Permanent · New York
SHISEIDO
Bareminerals Dual Site Account Manager - Arnotts, Dublin
Permanent · Dublin 13
CLAUDIE PIERLOT IRLANDE
Assistant Store Manager - 37.5h - Permanent - Dublin m/f
Permanent · DUBLIN
CLAUDIE PIERLOT IRLANDE
Sales Assistant - 30h - Permanent - Dundrum m/f
Permanent · DUBLIN
RITUALS
Assistant Store Manager - Galway (40 Hours)
Permanent · Galway
ESTÉE LAUDER
Clinique - Consultant - Brown Thomas, Galway - 22.5 Hours - Part Time, Temporary
Fixed-term · Galway
ESTÉE LAUDER
Clinique - Consultant - Brown Thomas, Limerick - 30 Hours - Full Time, Temporary
Fixed-term · Limerick
RITUALS
Rituals - Counter Manager - Brown Thomas Limerick - Full Time
Permanent · Dublin 1
ESTÉE LAUDER
Estée Lauder - Beauty Advisor - Brown Thomas , Dundrum - 37.5 / 5 Days - Full-Time, Permanent (Fully Flexible)
Permanent · Dublin
TK MAXX
20011-Team Leader
Permanent · Dublin
TK MAXX
10020-Christmas Temp
Fixed-term · Dublin
ESTÉE LAUDER
Estee Lauder Companies - Advisor - Aerrianta, Cork - 36 Hours - Full Time, Permanent
Permanent · Cork
BASSET SOLUCIONES S.A. DE C.V.
Auxiliar de Recursos Humanos Sin Experiencia Medio Tiempo
Permanent · MEXICO CITY
BASSET SOLUCIONES S.A. DE C.V.
Auxiliar de Reclutamiento Medio Tiempo Home Office
Permanent · MEXICO CITY
Published
Aug 20, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

M&S buoyant as fashion demand recovers

Published
Aug 20, 2021

There was some good news coming out of Marks & Spencer for once on Friday as it upgraded its profit outlook after shoppers went online to buy more of its revamped clothing offer and also bought plenty of its foods.


M&S


This added to earlier signs that the current turnaround plan is delivering and a 10%+ share price rise suggested investors believe the latest turnaround really will endure.

The high street giant cited pent-up consumer demand, but also highlighted how the changes it has made are proving it’s on the right track at last.

Assuming no further Covid-related restrictions on trading, it’s expecting adjusted pre-tax profit for the year to be above the upper end of previous guidance of £300million-£350 million, it said in a surprise trading update.

In the 19 weeks to August 14, the clothing & home division saw revenue surging 92.2% compared to last year and down only 2.6% on the pre-pandemic period in 2019. In previous years that might not have been seen as a positive, given that it was the latest in a series of declines. But in the current circumstances, it’s undeniably encouraging.

“The change in our approach to trading, including more focused ranges, fewer promotions and a substantially smaller summer sale, has resulted in full-price sales up c.9% on 2019/20,” it said. “The pivot to online has continued with store sales down 19.8% on 2019/20 as many locations remain in slow recovery from the pandemic, although retail parks have outperformed. The business has improved its online and data capability. clothing & home online sales are up 61.8% on 2019/20 and comprised c.35% of total clothing and home sales, and our guest brands and Sparks programme are performing well.”

It also said that International revenue was up 39.7% on last year and down only 5.2% on 2019/20, despite the impact of lockdown in India in the early part of the financial year and substantial Brexit-related effects on the supply of food to its businesses in the Republic of Ireland and France. “The push into global online remains promising with sales up c.40% on last year and more than doubling on 2019/20”, it added.

Copyright © 2021 FashionNetwork.com All rights reserved.