M&S reports clothing sales down during 14 weeks to July 9
13 Jul '05
3 min read
Our focus remains full price profitable sales, improving our financial performance through margin, cost and markdown management. We have made good progress. This has enabled us to delay the Summer Sale by 18 days. We go on Sale tomorrow with 40% less stock than last year.
"While the trading environment remains very challenging, better buying, stock and cost control should enable us to make further progress."
Marks & Spencer have over 400 stores located throughout the UK, this includes our largest store at Marble Arch, London. In addition, the Company has 150 stores worldwide, including over 130 franchise businesses, operating in 30 countries.
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