Today news
About the same in other media
Out of the frump slump: how M&S lifted itself back into profit
Reading now: 925
Identifying what customers really want when it comes to their wardrobes is a conundrum that has been plaguing Marks & Spencer bosses for decades. While the chain has had its eureka moments (that pink coat, which felt like it was better known than the prime minister in 2013 and a suede skirt blessed by model and style plate Alexa Chung) it has been locked in a long-running identity crisis.
A couple of years ago the high street retailer was struggling, with clothing sales plunging amid a reputation for “frumpiness” and buying errors that meant those lines that were popular sold out. But now M&S has announced an impressive turnaround in profits thanks to its booming online and food retail offerings, while the decline in sales at its clothing
Read more on theguardian.comAbout this in other media
What do we know about the new ‘worst ever’ Covid variant? theguardian.com /2 years ago
What we know so far about the B.1.1.529 COVID variant causing concern in South Africa euronews.com /2 years ago
Everything You Need to Know About the New Power Pups NFT cryptonews.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
