M&S announced today that its womenswear sales fell 0.8% for the half year after a warm September stunted sales of autumn stock. Drapers looks at the reaction on Twitter.
@GrahamtRuddick: M&S boasting that new clothing range now in more stores. Surely that should be prerequisite. Shoppers v cross when not in local store.
@justinscarboro2: M&S: Inflating the gross margin and lowering cost growth perhaps not sustainable in today’s age. Sales has to be the main profit driver.
@Dharshinisky: @marksandspencer womenswear “improving trend” up 1.3% Apr- Aug. Won’t reveal Sep claim hit by weather- how bad could the number have been?
@Accendo_mike: Marks and Spencer’s shares surge because even bad is better than worse
@nickbubb: Blimey M&S have increased the interim dividend by 0.2p to 6.4p to show their free cash flow generation…