Wednesday, 26 August 2015

Marks and Spencer Group Plc 26.5% Potential Upside Indicated by Espirito Santo Execution Noble

Marks and Spencer Group Plc with EPIC/TICKER LON:MKS has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Espirito Santo Execution Noble. Marks and Spencer Group Plc are listed in the Consumer Services sector within UK Main Market. Espirito Santo Execution Noble have set a target price of 630 GBX on its stock. This indicates the analyst now believes there is a potential upside of 26.5% from the opening price of 498.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 51.4 points and decreased 67.9 points respectively.

Marks and Spencer Group Plc LON:MKS has a 50 day moving average of 544.16 GBX and a 200 day moving average of 526.00 GBX. The 1 year high stock price is 600 GBX while the year low share price is currently 380.8 GBX. There are currently 125,604,667 shares in issue with the average daily volume traded being 3,713,891. Market capitalisation for LON:MKS is £8,135,685,012 GBP.

Marks and Spencer Group plc is a retailer in the United Kingdom. The Company is the holding company of the Marks & Spencer Group of companies. The Company operates through five segments: M&S for Business, M&S Bank, M&S Energy, M&S Outlet and M&S TV.

Friday, 21 August 2015

Taylor Swift Reportedly Turns Down Armani Offer To Strip Down Alongside Calvin Harris

Taylor Swift has reportedly turned down an offer to strip down for an Armani underwear ad. The singer had reportedly been offered 6.5 million pounds ($10 million) to pose in her underwear with boyfriend Calvin Harris. But, no, Swift will not get nearly nude on camera.

"Insiders" claim that she has turned down an offer by Armani to pose alongside Harris, Mirror UK reported. The Scottish DJ is already the face of the underwear line, and it was said the label was hoping that the “Bad Blood” singer would be up for joining him in a sizzling shoot. The couple’s campaign was supposed to follow David and Victoria Beckham’s 2009 intimate campaign for the label.

Harris and Swift, who are now one of the richest celebrity couples in the world, have turned down the offer as the singer is not keen to strip down for the ad, sources said. The “Blank Space” singer thought that she “would be showing too much skin and damage her image.”

“If she was married to Calvin then things may be different,” said sources in Armani, talking to the Daily Star.

“Armani bosses reckon Taylor and Calvin could emulate the success of the David and Victoria adverts. The Taylor offer is initially around the 6.5 million-pound mark, but that sum could then triple with global promotion if the campaign is successful,” a source had said earlier.

That the Harris ads have done really well and helped Armani reach a new audience. Taylor, 25, and Calvin, 31, are estimated to have a combined net worth of $171 million, according to Forbes.

The “Shake It Off” singer’s decision does not come as a surprise to her fans. In 2014, Swift told Rolling Stone magazine how she is a very private person and does not take her clothes off for pictures. She also said that it scares her how valuable it would be to get a video of her changing. Swift added that it was sad to have to look for cameras in dressing rooms and bathrooms. She is not the kind of person to walk around naked with her windows open. 

Marks and Spencer unveils new trends for Autumn/Winter 15

From structured tailoring to stylish knitwear, vibrant prints to metallic embellishment, the high street favourite has all of next season's trends covered and splits them into six key themes.

'Entwined' features knitwear and tactile textures and has a neutral colour palette, layering thick cream and beige knits to create an air of luxury.

'Best of British' is home to a range of pieces that celebrate British heritage with a modern twist. This theme includes oversized coats and trendy trainers.

Confident and contemporary, 'Softly Structured' is all about fitted tailoring to create flattering lines.

Then there is 'Elegant Bohemia', the trend that will take you from day to night. Re-working the summer boho trend for the autumn months, Marks and Spencer has combined ornate prints with a rich colour palette, suede textures and fringing detail.

If you are looking for eveningwear, the pieces in M&S' 'Noir' theme are awash with metallic embellishment, lace, with a velvet suit and dresses standout items.

And finally, the high street giant completes its new Autumn/Winter 15 range with the fun and flirty theme, 'Modern Muse'. A retro flavour dominates this range that features funky prints, block-coloured accessories and chunky knits.

The autumn/winter collection will begin landing in stores from August 20. But you can preview M&S' new collection and key trends on its website.

New Marks and Spencer store on the cards as retail giant "interested" in Lincolnshire market town

High Street favourite, Marks and Spencer has confirmed it wants to open a store in a Lincolnshire market town.

Rumours are circulating that Marks and Spencer could be on its way to Louth.

Now the company has confirmed its interest but has no further details to release yet.

A spokesperson for Marks & Spencer said: "We do have an interest in opening a store in Louth, but don't have anything to confirm at the moment."
It is not known what kind of store Marks and Spencer would open but it could include a food range.

If a store does open in Louth this would be the only Marks and Spencers in East Lindsey after the Skegness store on Lumley Road closed in 2011.

Louth St Mary's district councillor Jill Makinson-Sanders, recently revealed Marks and Spencer may be interested in a site on Queen Street.

A retail complex from Park Broom Homes received approval on appeal in 2010 on the site of Kidgate Doctor's Surgery which includes part of the council-owned Queen Street car park.

In a report to East Lindsey District Council's executive board in July as part of discussions relating to Louth Cattle Market, Councillor Makinson-Sanders said: "We also know that Marks and Spencer are really keen to develop the doctors' surgery site in Queen Street, won on appeal, but are being hampered by East Lindsey's failure to play ball over parking, despite the town being keen on this outlet coming to the centre - a move which would attract similar quality retailers into our town centre."

Garry Denniss, chairman of the business group Louth Independent Traders thinks Marks and Spencer would be good for Louth.

He said: "It would bring in more footfall and be an asset to Louth.

"We could do with one or two more bigger names as long as they are in the town centre so not to damage other businesses."

Louth market trader, Alan Grant, said: "A lot of people in Louth would be happy if Marks and Spencer came here.

"Anything to keep people shopping in Louh is good."

Stuart Minard from Binbrook said: "I would probably shop there. I like the food and the kid's shoes are good quality. We have a lot of boutiques in Louth and this would be something more affordable."

Brenda Nicklin from Rotherham, who stays in the Louth area every summer season said: "I think it would be good and Louth has got the room for something like Marks and Spencer. We like the food and the clothes are lovely as well."

Birgit Williams from Cleethorpes who shops in Louth regularly believes a Marks and Spencer would be harmful to Louth.

She said: "it would destroy the town and could see other businesses close. I come here shopping because I like how it is and to wander around all the many different shops."

A spokesman from ELDC said the authority has not been approached by Marks and Spencer.

Zara’s to open store in Hyderabad

Spanish fashion brand Zara will inaugurate its first store in Hyderabad in The Forum Sujana Mall on August 21, according to a company statement. This will take Zara's store count in the country to 17.

The over 2,343-sqm Hyderabad store will showcase the brand's autumn collection for men, women and children.

Zara outlets in India are operated by Inditex Trent, the joint venture between Spain's Inditex and the Tata Group. While most of Zara's back-end and merchandise sourcing is handled by Inditex, the Tata's mainly contribute by identifying real estate and locations.

For the year ended March 2015, Inditex Trent posted 24% growth in sales at Rs 721 crore ($114 million). ET had reported earlier that the company's average sales per store stands at about Rs 45 crore a year.

Zara recently became the first apparel brand in India to cross the $100-million sales mark, five years after it opened its first shop in the country.