M&S sees sales increase
period to 29th September increased by 2.8 per cent, the company
reports this week.
Sales for the ailing UK retailer Marks & Spencer for 12-week period to 29th September increased by 2.8 per cent, the company reports this week. There was a steady improvement in clothing performance throughout the quarter. Progress was seen particularly in Womenswear, driven by better product appeal and supported by the Autumn launch of the "Perfect" campaign, with its focus on classically stylish merchandise for our core customers. Food sales continued the first quarter trend after adjusting for the impact of reducing inflation. Commenting on the Trading Statement, Luc Vandevelde, Chairman and Chief Executive, said:"We have been encouraged by the response of our customers to the improvements we have made to the appeal, quality and fit of our clothing. While very mindful of the fact that the current economic environment is uncertain and may impact the High Street over the crucial Christmas trading period, we believe our customers will appreciate the continuing improvements we are making to our products as well as to the store environment."
