M&S Christmas food sales soar but clothing suffers from cyber-attack fallout

Published 1 day ago
Source: theguardian.com
M&S Christmas food sales soar but clothing suffers from cyber-attack fallout

Poor festive fashion sales deepen fears of squeeze on UK household budgets and falling high street footfall

Marks & Spencer revealed strong sales of food over the important Christmas trading period but clothing sales fell back as it continues to battle the after-effects of last year’s crippling cyber-attack.

The company said its clothing, homeware and beauty business was also affected by “fragile consumer confidence and milder weather”.

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