Readers like you keep news free for everyone.

More than 5,000 readers have already pitched in to keep free access to The Journal.

For the price of one cup of coffee each week you can help keep paywalls away.

Support us today
Not now
Advertisement

Trading conditions in Ireland 'continue to be challenging', says M&S

The retailer reported a slight increase in womenswear sales and said that sales were impacted by launch of new website.

Image: Nick Ansell/PA Wire

RETAILER MARKS AND Spencer today reported a rise in international sales, but said that sales were affected by the recent launch of the company’s new website.

Announcing M&S’s latest quarterly figures today, Chief Executive Marc Bolland said that “as anticipated the settling in of the new M&S.com site has had an impact on sales”.

Like-for-like sales of non-food products were down 1.5%, M&S.com sales fell 8.1%, and food sales rose by 1.7%.

Meanwhile, group sales were up 2.3% in the quarter to the end of June, while international sales were up 4.7%. The company noted that “Trading conditions in the Republic of Ireland continue to be challenging”, and said that Middle East sales were affected “by the timing of shipments to our franchise partners”.

The company says increased sales of its womenswear were driven by its improvements in “quality and style”. M&S says that it expects to return to growth ahead of its peak trading period.

Read: We’re buying more groceries, but which supermarkets are winning? >

Making a difference

A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article.

Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

For the price of one cup of coffee each week you can make sure we can keep reliable, meaningful news open to everyone regardless of their ability to pay.

Read next:

COMMENTS (27)