M&S clothing sales hammered by lockdowns in Christmas quarter
LONDON — Marks & Spencer on Friday reported another big fall in clothing and homewares sales in its Christmas quarter, as the COVID-19 pandemic hit demand and…
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LONDON — Marks & Spencer on Friday reported another big fall in clothing and homewares sales in its Christmas quarter, as the COVID-19 pandemic hit demand and…
(1) LONDON (dpa-AFX) - Retailer Marks & Spencer Group Plc (MAKSY.PK, MAKSF.PK, MKS.L) Friday reported that its third-quarter group sales declined 8.4 percent from last year to 2.77 billion pounds. In its Christmas trading update, for the 13 weeks to December 26, total UK sales were 2.53 billion pounds, down 8.2 percent on a reported basis and down 7.6 percent on a like-for-like basis. Food sales were 1.74 billion pounds, up 2.2 percent on a reported basis and up 2.6 percent on LFL basis. On a comparative basis this performance was even stronger given reduced food-on-the-move sales and lower f...
Marks & Spencer has reported an 8.4% drop in third quarter sales, with food growth of 2.2% not enough to compensate for a plunge in general merchandise sales.
(Adds detail) LONDON, Jan 8 (Reuters) - Marks & Spencer on Friday reported another big fall in clothing and homewares sales in its Christmas quart...
Marks & Spencer warned today that its popular Percy Pig sweets could be hit by tariffs if it re-exports the product to European Union countries, including Ireland.