Senin, 08 Juli 2013

Beranda » » M&S clothing sales continue to fall

M&S clothing sales continue to fall

M&S signM&S holds its annual meeting on Tuesday

Marks and Spencer has reported a 0.3% rise in underlying sales for the latest quarter, as strong food sales offset a fall in clothing sales.

UK like-for-like sales rose 1.8% at its food business, but general merchandise - which includes clothing, footwear and homewares - fell 1.6%.

Chief executive Mark Bolland said that food had "delivered another excellent performance".

M&S said it remained cautious about the outlook.

International sales rose 8.7%, although the problems in the eurozone affected sales in some areas.

The company holds its annual meeting later on Tuesday.



Source: BBC News - Business http://www.bbc.co.uk/news/business-23237308#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa