Marks & Spencer trading update: what the analysts say

By Petah Marian | 10 July 2012

Marks & Spencer today reported a 0.7% decline in first quarter sales for the three months ended 30 June. UK general merchandise recorded the steepest decline, with sales down 5.1% over the quarter. The company also said general merchandising executive director Kate Bostock is set to leave. Here is a flavour of what leading retail analysts are saying about the news.

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