Marks & Spencer caught out by clothing shortages
Marks and Spencer saw fourth-quarter clothing sales fall after admitting to falling short of stock in its best selling women's wear lines. It also said that it was affected by a cooler than expected February and a shift to its more value-driven lines.
M&S admits being caught out by stock shortages
17 April 2012
Retailer Marks & Spencer today (17 April) admitted a failure to buy deeply enough on its best-selling women's wear lines led to a decline in fourth quarter clothing sales.
Marks & Spencer trading update: what the analysts say
17 April 2012
After Marks & Spencer today (17 April) posted a surprise decline in fourth-quarter sales, the industry's reaction to the results was mostly positive - despite the retailer admitting to running out of stock in some of its best selling women's wear lines. Here is a flavour of what leading retail analysts had to say about M&S's performance.
UK: M&S Q4 clothing sales hit by inventory issues
17 April 2012
Retailer Marks & Spencer today (17 April) revealed a decline in fourth-quarter clothing sales, admitting to running short of stock in a number of its best selling women's wear lines.
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