Marks & Spencer beat forecasts in all segmentsStaff Writer | January 13, 2017
Marks & Spencer beat forecasts for Christmas trading with its first quarterly increase in clothing and homeware sales in nearly two years.
Retail Increase in clothing and homeware
M&S's numbers were helped by five days of the busy post-Christmas sale falling into the quarter, which had a positive effect of about 1.5 percent on clothing and 0.3 percent on food.
CEO Rowe said that M&S, one of the best known names on the British high street, had a good Christmas but he was "absolutely clear there is a lot more to do". ■