UK: M&S upbeat as Q4 sales fall 4.2%
By just-style.com | 31 March 2009
High street retailer Marks & Spencer delivered a surprisingly upbeat trading statement this morning (31 March), with better-than-expected fourth quarter sales suggesting it is making some progress in tackling the economic downturn.
just-style articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
INSIGHT: Sketchy August stunts H&M sales growth
Swedish fashion chain H&M posted 3.9% third quarter profit growth this week, but disappointed analysts with an 11% dip in August same-store sales.
Speaking with style: Mike Barry, head of sustainable business, M&S
Recessions are difficult times for most retailers but Marks & Spencer (M&S) arguably has a harder time than most. Not only does it endure the leaner pickings all retailers suffer, but it does so under the glare of the media spotlight. That said, one area where it looks set to stay well ahead of the game is in the sustainability stakes, as Mike Barry, head of sustainable business at M&S, tells just-style.
US: Steady growth seen in global apparel manufacturing
Revenues in the global apparel manufacturing industry are forecast to grow at an average annual rate of 3.5%, to $476.8bn from 2008 to 2013, according to forecasts from market research firm IBIS World.
