PESTLE Analysis of Marks and Spencer

Marks and Spencer

M&S
Introduction
Marks and Spencer is the largest British Multinational retailers in London. The organization
maintains its specialty in the clothing products. The company was established in 1884 by
Michael Marks and Thomas Spencer. Headquarter of company is in London, United Kingdom. It
has been observed that company focuses on the Plan A, 2025 in which sustainability plan is
considered that support 1,000 communities and 10 million individuals and they have the aim to
focus on reducing the waste in 2025. In 1884 the company started its business as the penny bazar
in leads. The company exports the best of the Marks and Spencer clothing and home furniture on
the global platform with stores and also they have online presence across Europe, Middle East,
and Asia. In UK, the franchise partners of the company are WHS, MOTO, COMPASS, and SSP
AND BP. The l franchise partners on the international platform are Alhokair Fashion Retail,
Central group, P.T Mitra and reliance retail (Marks and Spencer Plc., 2018).
PESTLE ANALYSIS
 Political factor
It can be analyzed that overall cost of sourcing is minimized due to the EC free trade
agreement. Just due to the high cost structure on international platform, the organization
faces the problem in relation to the market share. The method like fair trade policy
considered by Marks and Spencer has affected just because of the energy efficiency
scheme implemented by the government of UK. It can be examined that issues in context
to labor laws increases for the organization in the highly competitive market. So, Marks
and Spencer also faces the problem in context to the entire cost of sourcing. Also, Brexit
has impacted the overall business functions in the UK as it affected the overall spending
power of the customers (Johnson, Scholes and Whittington, 2008).
 Economic factor
It is stated that retailing sector in context to the factor of economy focuses on the
variations that takes place in context to the interest and tax rates. At the time of
considering the economic slumps then it can be easy for the company to attain growth.
The competitors like Asda emphasizes on transferring the good to the other countries as it
can help in minimizing the entire cost. It can be evaluated that organization has shutdown
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