Marks & Spencer - eur stg

walterking · 02-12-2022 7:48am #1

Costs of operating retail stores is not too different between UK and Ireland and places like next have no problem using a fair exchange rate.

But M&S still use an average of €1.55 to £1 on clothing as a way of charging Paddy Tax.

This jumper is £25 in UK and €38 here. It's similar on all their clothing

https://www.marksandspencer.com/golf-crew-neck-christmas-jumper/p/clp60568142#intid=plpnav_pid_pg1pip48g2r1c1|prodflag_srp_ts_QP_68

uli84 · 09-12-2022 1:13pm

Tesco is even worse 2.50£ is 4.50€ for them :/

walterking · 11-12-2022 7:54pm

https://www.boards.ie/discussion/comment/119974726#Comment_119974726

On Tesco it's the odd item and there may be some reason for it including a local distributor with their costs.

With marks and Spencer it is store wide on all clothing with an average of €1.5 per £1 stg.

Paddy Tax

Mal Bec · 11-12-2022 8:19pm

Has always been like this. I bought a cheap pair of shoes in Dunnes a few years ago. 25 Euros here but £15 in the North.

colm_mcm · 11-12-2022 8:48pm

There are twice as many M&S stores in Manchester than there are in ROI. There are approx 90 times as many stores in the UK.

I wouldn’t just assume their cost base is the same. I’d imagine distribution and warehousing costs are drastically different given how the stores are few and far between here.

The ROI operation would have to make profit to be viable and companies exist to make profit.

walterking · 21-12-2022 12:50am

https://www.boards.ie/discussion/comment/119984848#Comment_119984848

Distribution and warehousing does NOT cost 25%+ of goods.

It is pure Paddy Tax by M&S. TK Maxx have Paddy Tax too

Next don't charge Paddy Tax - so if Next can operate profitable here without gouging customers, why can't M&S?

gmisk · 24-01-2023 9:46pm

https://www.boards.ie/discussion/comment/120020330#Comment_120020330

Next do gouge customers here though...just compare the prices in general on their website euro versus pound

Marks & Spencer - eur stg

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