About Marks and Spencer
Marks and Spencer PLC, otherwise called M&S, one of the biggest British retail garments and nourishment organizations. Home office of the firm are in London.
Marks and Spencer began in 1884 as a slow down in an open market in Leeds, Yorkshire. At that point known as Marks’ Penny Bazaar, it was the family merchandise, haberdashery, toy, and sheet-music business of Michael Marks, a Jewish displaced person from Poland. His sign read “Don’t ask the value—it’s a penny.”
In 1894 he accepting Thomas Spencer as a colleague. Marks’ child Simon changed the business from various outside slows down in different markets in northern England to various indoor shops, and he propelled the organization’s St. Michael brand name—a well known mark for a considerable length of time.
In 1988 the parent firm, Marks and Spencer Group PLC, acquired Brooks Brothers, the most established U.S. dress retailer, yet it sold that division in 2001. At this point the organization worked in excess of 300 retail outlets in the United Kingdom—referred to informally as “Marks and Sparks”— with extra stores in many different nations, including France, Germany, Spain, and Hong Kong; after 10 years the quantity of U.K. shops had dramatically increased to approximately 700.