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Marks & Spencer Group (LSE:MKS) Other Assets for Insurance Companies


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What is Marks & Spencer Group Other Assets for Insurance Companies?

Other Assets for Insurance Companies only applies to insurance companies.


Marks & Spencer Group Business Description

Traded in Other Exchanges
Address
35 North Wharf Road, Waterside House, London, GBR, W2 1NW
Marks & Spencer is a British multichannel retailer with stores across Europe, Asia, and the Middle East. The majority of revenue stems from the firm's UK operations, selling predominantly own-brand food, clothing, and home merchandise. The food segment includes value products (dairy, poultry, meat, fresh produce), ready-made meals, and healthy items. The clothing and home division sells womenswear, lingerie, menswear, kidswear, beauty, and home products. The remaining revenue comes from international sales, where M&S sells through a mix of own stores, franchises, and online channels.In 2020, the firm entered into a joint venture, purchasing 50% of grocery e-commerce business Ocado Retail. Ocado is the exclusive online distributor of M&S food within the UK.