Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

M&S misses key Chinese sales

Marks & Spencer is struggling to meet internal sales targets for its stores in China, one of the regions it has earmarked for growth.

According to The Telegraph, the troubled high street retailer has missed its targets across the 14 Chinese stores by as much as 30%.

M&S had previously cited China as one of its key international growth markets.

The retailer declined to comment on specific performance, but told the newspaper stores were trading well.

Earlier this month M&S reported a 3.8% fall in like-for-like sales over the key Christmas trading period.The news had been leaked in the evening before schedule, forcing the retailer to break protocol and publish its figures several hours ahead of time.

The retailer did not split out sales for specific countries or regions but overall international sales climbed by 4.1%.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.