CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
US English

M&S [MKS] snaps up stake in fashion favourite Nobody’s Child

By Angelique Ruzicka

14:13, 23 November 2021

Marks & Spencer sign on outside of building
M&S has bought a 25% stake in the eco-conscious fashion brand – Photo: Shutterstock

Marks & Spencer [MKS] has bought a 25% stake in eco-conscious fashion favourite Nobody’s Child, which specialises in womenswear, in a bid to revive its clothing business.

M&S stressed that Nobody’s Child would continue to operate independently but would benefit from M&S’s investment, future collaborations and the group’s infrastructure to scale the business.

The high street store in turn admitted to being able to benefit from Nobody’s Child’s agility and its near-sourcing supply.

The investment in Nobody’s Child follows the estimated £5m ($6.7) M&S paid to rescue upmarket fashion brand Jaegar after it fell into administration.

A popular purchase

M&S said it would work with Nobody’s Child on developing fashion and design talent. The eco-conscious firm was founded in 2015 and its midi dresses have proved a popular purchase on the M&S website.

Richard Price, MD of M&S Clothing & Home, said: “We’re shaping the future of M&S Clothing – the strength of our own-brand product, our broad customer base and the reach of M& makes us an attractive platform partner.

“In turn, introducing brands helps us become more relevant more often for our 22 million customers – offering them a convenient and seamless shopping experience.

“Nobody’s Child was the first brand to launch on M& and has proved incredibly popular with new and existing M&S customers. We will continue to collaboratively develop the offer on our site, whilst now supporting the brand to grow independently as part of the M&S family.”

What is your sentiment on MKS?

Vote to see Traders sentiment!


15.36 Price
+5.850% 1D Chg, %
Long position overnight fee -0.0262%
Short position overnight fee 0.0040%
Overnight fee time 22:00 (UTC)
Spread 0.16


147.02 Price
+0.760% 1D Chg, %
Long position overnight fee -0.0262%
Short position overnight fee 0.0040%
Overnight fee time 22:00 (UTC)
Spread 0.14


239.02 Price
+1.900% 1D Chg, %
Long position overnight fee -0.0262%
Short position overnight fee 0.0040%
Overnight fee time 22:00 (UTC)
Spread 0.14


134.12 Price
+7.790% 1D Chg, %
Long position overnight fee -0.0262%
Short position overnight fee 0.0040%
Overnight fee time 22:00 (UTC)
Spread 0.25

Rental platform expansion?

The group added that the two companies would expand on their sustainability initiatives as both had recently expanded into offering a clothing rental service to consumers.

Renting clothing, instead of buying it, has become popular among eco-savvy consumers who are aware of the textile industry’s impact on the environment. M&S launched its first clothing rental trial earlier this month through leading rental website Hirestreet, which will hire out womenswear from just £13 for four days.

In September, M&S reset its Plan A sustainability programme and announced it would cut its carbon footprint by a third by 2025.

Potential private equity interest?

There’s currently speculation that M&S itself could be up for grabs, with US private equity firms potentially taking an interest. M&S’s share price has hit a 2.5-year high as a result.

Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, said on Monday that M&S’s share price had spiked by 3% amid rumours that Apollo Global Management was potentially making a bid.

But Streeter claims it’s not the clothing arm of the business that will be attractive to Apollo. She said: “It’s unlikely to be lingerie sales that have made M&S an attractive prospect, instead it’s food aisles and in particular the tie-up with Ocado that will be the allure. Apollo has flirted with other acquisitions in the UK grocery sector, losing out in its quest for Asda, and then pulling out after making advances for Morrisons.

“Given its thwarted attempts so far, there is growing expectation that the group may make an offer for the company, particularly given that food was such a star performer in the last set of results.”

M&S Group shares were up by 1.39%, trading at 248.90p, in early afternoon London trading.

Read more: UK needs widespread economic growth to reverse decline: CBI

Markets in this article

2.586 USD
0.033 +1.310%

Rate this article

The difference between trading assets and CFDs
The main difference between CFD trading and trading assets, such as commodities and stocks, is that you don’t own the underlying asset when you trade on a CFD.
You can still benefit if the market moves in your favour, or make a loss if it moves against you. However, with traditional trading you enter a contract to exchange the legal ownership of the individual shares or the commodities for money, and you own this until you sell it again.
CFDs are leveraged products, which means that you only need to deposit a percentage of the full value of the CFD trade in order to open a position. But with traditional trading, you buy the assets for the full amount. In the UK, there is no stamp duty on CFD trading, but there is when you buy stocks, for example.
CFDs attract overnight costs to hold the trades (unless you use 1-1 leverage), which makes them more suited to short-term trading opportunities. Stocks and commodities are more normally bought and held for longer. You might also pay a broker commission or fees when buying and selling assets direct and you’d need somewhere to store them safely.
Capital Com is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as an investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risk.

Still looking for a broker you can trust?

Join the 570.000+ traders worldwide that chose to trade with

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading