Marks and Spencer’s (LSE: MKS) nascent turnaround in its General Merchandising division — which includes the all-important clothing wares — has yet again gone into reverse gear. Are other fashion rivals Supergroup (LSE: SGP) and Next (LSE: NXT) managing to sell the clothes that M&S seemingly can’t get customers excited about?
Can Marks and Spencer Group plc Compete With The Likes of Supergroup plc & Next plc?
VIDEO: One Fool takes a closer look at Marks and Spencer Group plc (LON:MKS), Supergroup plc (LON:SGP) & Next plc (LON:NXT)
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Published Owain is a magpie of the investing world -- and not because he gets into a flap. Almost any style of investing might suit him, depending on the bigger picture, and he's held all sorts of companies. Paraphrasing Keynes, he says: “When the market changes, I change my mind -- what do you do?”
That said, Owain is usually a buyer of equities, where he prefers lightly geared, modestly rated companies, and is increasingly on the lookout for Buffett-style intangible quality. He aspires to buy-and-hold: his best investment ideas are worth much more than he sold them for. Then again, his worst investment went bust due to management fraud!
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