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M&S and Debenhams launch Sales

Marks & Spencer will go on Sale next week while Debenhams kicked off a 70% off Sale today.

M&S is expected to offer discounts of up to 50% but the timing of the Sale is in line with last year. The Debenhams Sale is also understood to be in line with its markdown activity last year.

Retail sales and footfall have both been hit by the slowdown in consumer spending in recent months and fashion shopping was largely driven by discounting and promotional activity in July.

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