M&S 'taking action' to halt slide

Updated
Marks & Spencer
Marks & Spencer

Marks & Spencer has said it is taking "decisive action" to remedy the costly mistakes that left it nursing a 10% drop in half-year profits.


The high street bellwether reported pre-tax profits of £290 million in the six months to September 29, down from £321 million a year ago as it paid the price for failing to stock-up on best-selling womenswear ranges earlier in the year.
%VIRTUAL-SkimlinksPromo%

Advertisement