A ninth straight drop in quarterly sales hit the profitability of Britain’s biggest clothing retailer last quarter, Marks & Spencer (M&S), which is stepping up efforts to revive itself, and regain shoppers.
A ninth straight drop in quarterly sales hit the profitability of Britain's biggest clothing retailer last quarter, Marks & Spencer (M&S),#
Sales at stores open for at least the last 12 months or like-for-like sales fell by 1.3 per cent in the three months ended September 28, 2013.
A ninth straight drop in quarterly sales hit the profitability of Britain's biggest clothing retailer last quarter, Marks & Spencer (M&S),#
The London-based company’s underlying pretax profit slipped by 8.9 per cent to 262 million pounds.
A ninth straight drop in quarterly sales hit the profitability of Britain's biggest clothing retailer last quarter, Marks & Spencer (M&S),#
However, the dark clouds grappling the company’s recent bleak financial performance may soon be lifted by its new women’s clothing collection which is already receiving good response from customers.
A ninth straight drop in quarterly sales hit the profitability of Britain's biggest clothing retailer last quarter, Marks & Spencer (M&S),#
While the launch of the fall-winter collection weighed heavily on the company’s costs last quarter, the new autumn and winter ranges are crucial to the company’s revival, which is battling stiff competition from rivals such as Primark and Next.
A ninth straight drop in quarterly sales hit the profitability of Britain's biggest clothing retailer last quarter, Marks & Spencer (M&S),#
The fall-winter collection includes designs such as 199-pound ($318) body-hugging leather dresses.
A ninth straight drop in quarterly sales hit the profitability of Britain's biggest clothing retailer last quarter, Marks & Spencer (M&S),#
In a bid to lure customers, M&S is banking on heavy advertising, new fashion ranges and improvement in store interiors.
A ninth straight drop in quarterly sales hit the profitability of Britain's biggest clothing retailer last quarter, Marks & Spencer (M&S),#
The company roped in Academy Award-winning actress Helen Mirren and Grace, the creative director of American Vogue, for its new fall-winter clothing collection.
A ninth straight drop in quarterly sales hit the profitability of Britain's biggest clothing retailer last quarter, Marks & Spencer (M&S),#
While the UK economy may have turned the corner, consumers in the UK are hard-pressed as wage rises lag cost inflation; signaling that the full-revival of M&S may be some time away.
A ninth straight drop in quarterly sales hit the profitability of Britain's biggest clothing retailer last quarter, Marks & Spencer (M&S),#
However, with Christmas and the holiday shopping season round the corner, when demand for winter clothing tends to be at its peak, this quarter may well deliver some better news for the British clothing retailer.
A ninth straight drop in quarterly sales hit the profitability of Britain's biggest clothing retailer last quarter, Marks & Spencer (M&S),#
Fibre2fashion News Desk - India
marketing@alchempro.com
