By Sarah Murphy
Marks & Spencer recently announced that like-for-like sales at its fashion arm fell by 8.9 per cent in the first quarter. This is its biggest fall in clothes sales for a decade.
In recent years the brand has tried various strategies to bolster this stuttering part of its business, with one of its most recent incarnations featuring a fashion line from model Alexa Chung.
Various causes have been put forward to explain away the results. One blamed poor weather denting demand for summer clothes, as well as wider retail trading trends that are squeezing the market. To try and Read full story ›
Source: The Drum