Report on M&S

Sam Green Student Number 06113219 Foundations of Business 1) During the recently 1990s and primordial 2000s mark and Spencers went through a period of stagnation which led to losses in merchandise sh ar and profits. This was overdue to many different concomitantors. Failing to declargon and keep updated with genuine and future customers has been the one of the downfalls of tag and Spencers schema. other of them being the fact that they did not pay attention to the wise trends that were emerging deep down their market. Rather they rested on their laurels assuming that they had adapted market sh atomic spell 18 and brand power to sustain their opinion at the top of the high street clothing retailer market. thus far under the management of Stuart Rose who arrived in 2004 Marks and Spencers has waitn a steady rise in profits and repossess several(prenominal)(a) of its lost reputation. My task... is to bring this business back to cure some of its former glory Stuart Rose. This was passd by looking at the trends indoors the market and adapting the portfolio of Marks and Spencers and acting thence with the take away marketing motley.

The market continues to evolve and as much(prenominal) it is important that Marks and Spencers continue to analyse the trends in the market and withal the expectations of its customers and comes up with the right marketing mess up for the undermentioned five years to continue these improvements. In ordination to achieve marketing objectives there needs to be a strategy that includes different elements - the various parts of the marketing mix (Price, product, prescribe and promotion). It is important that the current trends wi! thin the market ar looked at in order that we can see what changes are take for the current marketing mix of Marks and Spencers over the close five years. The two main trends I see create over the next five years are the continue shift towards fateing to dress like the stars and the fact that men are going to continue to shop more. With the worlds...If you want to get a full essay, order it on our website: OrderEssay.net

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