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Marks & Spencer says UK Covid-19 curbs hit its Christmas clothing sales

Marks & Spencer says UK Covid-19 curbs hit its Christmas clothing sales

British retainer Marks & Spencer reported another big fall in sales of clothing and homeware in the Christmas quarter. The company blamed the slump on the UK governments as Covid-19 restrictions. Striking a pessimistic note, CEO Steve Rowe said the latest UK lockdowns, which could potentially extend until Easter, may further hit the company’s clothing and home sales.

Clara
Clara
Top in Business