M&S posts surprise surge in Q3 clothing sales

Marks&Spencer has reported a 5.9 percent rise in sales on a reported basis in the 13 weeks to December 31, 2016. Clothing & Home sales rose by 3.1 percent of which, the company said, 1.5 percent was due to the shift in reporting period, which led to the inclusion of five additional days of the December sale. clothing & home like-for-like sales were up by 2.3 percent.