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    MKS   GB0031274896

MARKS AND SPENCER GROUP PLC

(MKS)
  Report
Delayed London Stock Exchange  -  11:35 2022-10-06 am EDT
96.18 GBX   -0.72%
10/03Germany's Linde Sells Logistics Unit Gist To UK-based Marks & Spencer
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09/30Marks & Spencer Completes $160 Million Deal For Logistics Provider Gist
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09/30Marks and Spencer Group plc completed the acquisition of Gist Limited from Storeshield Limited.
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Marks and Spencer : & SPENCER ANNOUNCED AS THE OFFICIAL TAILOR OF THE ENGLAND SENIOR TEAMS AS RETAILER CONTINUES TO EVOLVE ITS FORMAL OFFER

08/04/2022 | 06:42am EDT
  • Partnership collections showcases new era of formalwear
  • 67-piece menswear collection available to shop from 18th August
  • Womenswear collection will launch in 2023

John Stones wears: The Performance Suit Jacket, The Zip Polo, The Performance Trouser & The Loafer

Ollie Watkins wears: The Waffle Crew, The Performance Trouser & The Loafer

Harry Kane wears: The Performance Bomber, The Zip Polo, The Performance Trouser & The Loafer

Marks & Spencer has today announced that it is the Official Tailor to the England Senior Men's and Women's Football Teams. Spanning three years, the partnership builds upon the retailer's longstanding relationship with The Football Association, dating back to 2007 when M&S became the Official Suit Supplier to the England Senior Men's Team.

The in-house designed collections will be worn by The England Teams with the 67-piece menswear collection available for customers to shop at M&S.com and in selected stores from 18th August, ahead of the upcoming tournament schedule. The womenswear collection will debut next year, celebrating the England Senior Women's Team's success as European Champions and their journey to the summer tournament in 2023.

Redefining formalwear - THE FA MENSWEAR COLLECTION

With the pandemic fast-forwarding the relaxation of formalwear, the 2022 collection reflects a new era of dressing and encapsulates how M&S has been reshaping its offer for today's customer. Championing in-house design, the collection brings together performance separates, knitwear and suiting to footwear and accessories which can be worn together or separate for a variety of occasions and looks. Hero styles include double and single-breasted jackets, a performance trouser with four-way stretch, relaxed half zip polos, a bomber and Harrington jackets.

Wes Taylor, Director of Menswear, said: "After meeting with The England Men's Team and discussing their needs, it became apparent almost immediately that they wanted a collection which delivered on style and versatility, allowed for individual preferences but still came across as a cohesive look. Importantly, they wanted something that better reflected who they really are. So rather than the structured suit, shirt and tie "uniform" we're used to seeing we've created a more extensive smart-separates collection that places comfort, performance, and sustainability at its heart."

The full collection will be available to shop on M&S.com and in 20 larger destination stores and smaller collection edits will be available in a further 107 stores across England. Items in the collection range from £12.50 to £150 for a pure wool peacoat with limited edition FA Badging.

Through the partnership, M&S is reaffirming its commitment to delivering trusted value and reassuring customers that it will never compromise on quality and standards which includes making clothes to last and using materials that have been sourced with care. The FA menswear collection includes cotton sourced through the Better Cotton programme, the use of natural fibres such as wool (woven in UK mills), Responsible Wool Standard Merino wool and the use of recycled materials such as recycled polyester. M&S's unique innovations, including StormwearTM and Cool ComfortTM and Dura Heel ™ technology; ensuring the collection is both comfortable and durable, as well as stylish.

Richard Price, Director of Clothing & Home, said: "We have a long-standing relationship with The FA and the move from suit sponsor to Official Tailor to both our Men's and Women's Senior teams, reflects how we have evolved our formalwear for a new era of smart dressing.

Working with these inspiring sporting role models, the collections will help us connect with new and existing customers and bring-to-life what today's M&S is all about - contemporary, stylish clothing, with an unwavering commitment to trusted value."

Navin Singh, The FA's Commercial Director, said:"We are delighted to renew our partnership with Marks and Spencer and collaborate on a clothing collection that is reflective of our national teams. The FA and M&S are steeped in history, but this modern range aligns with our young, exciting, and relatable players. We are sure that the new men's and womenswear will prove popular."

The collection complements M&S's broader formal offer which brings together more relaxed items alongside formalwear to show how they can be dressed together. The retailer's Smart Edit - "Smart, Redefined" - comprises smart items that can be worn as separates or together for a variety of occasions - with the Flex Trouser with a half elasticated waist, the jersey smart separates and slim fit blazers all proving increasingly popular.

Wes Taylor, Director of Menswear, commented: "The appetite for smart dressing is back as evidenced by the huge spike in customer searches for formalwear this year. However, customers' shopping habits have evolved and show that their confidence has grown in creating more relaxed and versatile formal looks using separates. In this new era of formalwear, it's all about being able to flex for different occasions from knitwear under blazers, smart trousers with trainers through to bomber jackets, half zips and macs over a suit."

Marketing campaign

The launch will be supported by an omnichannel marketing campaign across stores, PR, media, digital and social channels which includes imagery of six players wearing a selection of key styles from the collection.

The collection comprises a series of edits to make it easier for customers to shop around style or occasion, including The Performance collection (precisely cut suits with natural stretch and StormwearTM finish), The Modern Wool collection (contemporary suits cut from premium pure wool, woven in England) and The Eveningwear collection (finely crafted wool and velvet suits, plus sateen stretch shirts).

Both instore and on M&S.com, the range will provide outfit inspiration to give customers greater confidence in putting together individual pieces and looks will be updated monthly to reflect key looks for the changing seasons.

The dedicated hub on M&S.com will offer a sneak peek behind the scenes with the England team and two live shopping shows are planned for August and October, where M&S experts will provide customers with inspiration and insider tips on how to style the collection.

THE FA WOMENSWEAR COLLECTION

The upcoming womenswear collection will comprise a considered edit of co-ordinating tailoring and smart separates which will be available to shop online and in selected stores in 2023.

Maddy Evans, Director of Womenswear, said:"We're incredibly excited and honoured to be dressing the talented and inspiring England Senior Women's Team on their journey to next year's summer tournament. We look forward to unveiling a collection that feels contemporary and unexpected, with pieces that challenge the traditional idea of 'power dressing'. Watch this space!"

- ENDS -

For further information, please contact:

M&S Corporate Press Office: +44 (0)20 8718 1919

corporate.press@marks-and-spencer.com

NOTES TO EDITORS

The full 67-piece Menswear Collection will be available at M&S.com and in selected stores* from the 18th of August 2022.

The full 67-piece collection will be available to shop in England across 20 stores, including: Marble Arch, Bluewater, Stratford, Camberley, White City, London Colney, Pantheon, Hedge End, Kingston, Gemini, Thurrock, Shoreham, Metro Centre, Manchester, Newcastle, Liverpool, Leeds, Meadowhall, Birmingham & Cheshire Oaks.

Smaller collection edits will be available in a further 107 stores across England.

Additional commentary:

Anna Braithwaite, Director of Marketing, said: "After the recent success of both the men's and women's teams, it's clear to see a new England has stepped forward. They're focused, they're ambitious and it seems as though we've entered a new era of football, with the entire nation swept up in the excitement. I've no doubt The England Senior Women's Team's performance this summer will inspire a new generation of footballers and that's only set to continue during the men's tournament later in the year. As a brand, we couldn't be prouder, and we'll be behind our England Teams every step of the way. The 3-year partnership is an opportunity to continue our legacy as the Official Formalwear Partner to The England Teams, and we're thrilled to finally share the news."

Our Approach to Sustainability:

  • When you shop with M&S customers can be confident it's part of our robust approach to sustainable fashion - we source with care so nothing we make goes to waste, we protect the planet for tomorrow, and we operate as a retailer where everyone can belong and get on.
  • For every M&S product, our clear goal is to only use responsibly sourced raw materials and we ensure that 100% of the cotton for M&S clothing is more sustainably sourced; including organic, recycled and BCI Cotton.
  • For over twenty years our Global Sourcing Principles have been the foundations of how we work with all our suppliers around the world in relation to human rights, sustainability, and decent working conditions. We were the first retailer to list all the suppliers we work with on our interactive supplier map and we update this every six months. It has information on over 1,300 factories covering over 950,000 workers.
  • our simple commitment is to send no clothes to landfill, ensuring any unsold stock is redistributed to our charity partners Oxfam, Newlife and SmartWorks.
  • We're working hard to reduce, reuse and recycle our use of plastic and through our hanger reuse scheme, we've diverted over one billion hangers from going to landfill since 2007 by reusing or recycling them, even if they're broken).

Disclaimer

Marks & Spencer Group plc published this content on 04 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2022 10:41:10 UTC.


© Publicnow 2022
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Net income 2023 268 M 300 M 300 M
Net Debt 2023 2 709 M 3 031 M 3 031 M
P/E ratio 2023 6,78x
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Stuart Machin Co-Chief Executive Officer & Director
Katie Bickerstaffe Co-Chief Executive Officer & Director
Eoin Philip Tonge CFO, Executive Director & Chief Strategy Officer
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