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  1. Analysis
May 20, 2015

What Marks & Spencer’s numbers mean for clothing

The annual results from UK retailer Marks & Spencer have raised hopes among investors that the group is facing a brighter future. Headlines focused on M&S's first profit in four years yet, drilling down, the clothing division significantly increased profit margins even though its sales came in below company expectations. The question, however, is whether this is enough to turn its fortunes around.

The annual results from UK retailer Marks & Spencer have raised hopes among investors that the group is facing a brighter future. Headlines focused on M&S’s first profit in four years yet, drilling down, the clothing division significantly increased profit margins even though its sales came in below company expectations. The question, however, is whether this is enough to turn its fortunes around.

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