×
437
Fashion Jobs
MAJE
Supervisor - Selfridges, London
Permanent · LONDON
HARRODS
Technogym -Wellness Consultant
Permanent · LONDON
JOSEPH LTD
Full Time Menswear Supervisor (Mayfair)
Permanent · LONDON
MICHAEL KORS
Account Executive
Permanent · LONDON
OUTSIDE THE BOX RECRUITMENT
Flagship General Manager – Luxury Fashion – Regent st – £80k-£90k + Bonus
Permanent · LONDON
FOUR SEASONS RECRUITMENT
Online Customer Service Manager
Permanent · HUNGERFORD
FOUR SEASONS RECRUITMENT
Merchandising Manager
Permanent · LONDON
BIMBA Y LOLA
Part Time Sales Assistant Kings Road
Permanent · LONDON
BIMBA Y LOLA
Sales Assistant Richmond
Permanent · LONDON
BIMBA Y LOLA
Part Time Sales Assistant Notting Hill
Permanent · LONDON
FOUR SEASONS RECRUITMENT
Showroom Sales Representative
Permanent · LONDON
TOO FACED
Business Manager - John Lewis Brent Cross
Permanent · LONDON
OUTSIDE THE BOX RECRUITMENT
Ltrtw & Mtm Client Service Manager – Luxury Ladieswear – Knightsbridge – £30k-£40k + Comm
Permanent · LONDON
OUTSIDE THE BOX RECRUITMENT
Haute Couture Client Service Manager – Luxury Ladieswear – Mayfair– £40k-£60k + Comm
Permanent · LONDON
MAJE
Sales Supervisor, Full-Time - Harrods, London
Permanent · LONDON
BIMBA Y LOLA
Part Time Sales Assistant Canary Wharf
Permanent · LONDON
HEAD OFFICE
Brand Manager
Permanent · LONDON
BETTY BARCLAY GROUP GMBH & CO KG
Retail Operations Manager
Permanent · LONDON
RETAIL PERM
Beauty Salon Manager
Permanent · LONDON
TOO FACED
Business Manager - Liverpool - New Mersey Retail pk (Speke), UK
Permanent ·
TOO FACED
Business Manager - Lisburn Sprucefield sc, UK
Permanent ·
TOO FACED
Business Manager - Stockton on Tees Teeside, UK
Permanent ·
Advertisements

M&S launches ‘buy now, pay later’ as instalment payments rise

Published
today Oct 30, 2019
Reading time
access_time 2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

M&S has launched flexible payments for online orders as more and more retailers introduce ‘buy now, pay later’ options in a bid to capture cautious consumers’ pounds.


Marks & Spencer


The British retailer’s payments partner of choice is Clearpay, which is working with the likes of Boohoo, Urban Outfitters and PrettyLittleThing to offer customers the option to pay for their orders in four instalments, interest-free.

Other clothing companies including Missguided, Mothercare, JD Sports and Asos are using Clearpay rival Klarna to introduce more flexibility to their payments.

Marks & Spencer said the Clearpay option will be available to all UK M&S.com customers from mid-November and can be applied to purchases from £30 across M&S clothing & home products.

Kirsty Ward, Director of M&S Bank and Services said: “We’re committed to providing our customers with seamless, easy and convenient ways to pay, and that’s why we’ve introduced this fully integrated and interest-free option to help spread the cost of shopping on M&S.com. The Clearpay solution complements our existing M&S Credit and Debit Cards offered through M&S Bank.”

Marks & Spencer will be hoping the new payments service will boost sales as it enters the busy Christmas shopping and trading season after a tough year. In the year to 30 March 2019, revenues dropped 3% across the group and 3.6% in the clothing and home business. 

This performance echoes the wider troubles seen on the UK high street in recent years, with retailers facing multiple challenges, including rising costs, Brexit uncertainty and a decline in spending. 

Clearpay, which only launched in the UK a few months ago, has gained more than 200,000 active customers in the first 15 weeks of trading, as spreading the cost of purchases becomes a hit with customers on a tight budget.

Copyright © 2019 FashionNetwork.com All rights reserved.