Skip navigation

Gloucestershire Business News

M&S buys stake in fashion brand

Marks & Spencer has snapped up a 25 per cent share in fashion brand Nobody's Child.

Nobody's Child was the first third-party brand M&S, which has stores in Gloucester and Cheltenham, stocked online. It will continue to operate as an independent business, as reported by Retail Gazette.

The deal means the brand will now be able to access M&S's infrastructure and investment to scale up its business.

M&S said Nobody's Child will bring a number of benefits, including its focus on near-sourcing supply.

The move is the latest in the retailer's Brands at M&S strategy, which uses business models including exclusive collaborations, strategic acquisitions, wholesale agreements and investments.

M&S now works with over 30 partner brands, including Clarks and Ghost.

It said that working with other brands is helping it to become more relevant to more people, while working with M&S.com is an attractive proposition for the brands because of the retailer's broad customer base.

Related Articles

GE Aerospace sees orders and profits soar Image

GE Aerospace sees orders and profits soar

GE Aerospace has raised its full-year profit guidance after releasing its first quarter financial results.

Decathlon extends sustainable sport gear scheme Image

Decathlon extends sustainable sport gear scheme

Sports retailer, Decathlon, has expanded its sports gear buyback scheme.

SIGNED OFF: Sale and expansion at prominent Gloucester business hub Image

SIGNED OFF: Sale and expansion at prominent Gloucester business hub

Wulff Capital Holdings said it has gained an "excellent foothold" into the city's market

Historic Cotswold pub up for grabs Image

Historic Cotswold pub up for grabs

16th century Lechlade inn on the market.

Copyright 2024 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.