M&S sales increase as growth strategy progresses

By Megan Robinson2023-05-24T06:17:00

Marks & Spencer has recorded an increase in sales, which the group said was driven by its “strategy to reshape M&S for growth”.

Overall sales increased 9.9% for the year ending April 1, 2023, with clothing and home sales up 11.5% to £3.72bn and food sales up 8.7% to £7.22bn. Store sales and online sales rose 14.9% and 4.8% respectively.

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