Marks and Sparks website fails to ignite shoppers’ interest as sales slump

Marks & Spencer has reported its 12th consecutive quarter of declining clothing sales, putting chief executive Mark Bolland in the hot seat at the company’s annual meeting today.

Clothing sales slumped by 0.6% over the second quarter of 2014, and other non-food sales fell by 1.4% over the same period.

Bolland blamed the “settling in” of its new website as part of the problem. M& saw sales fall by 8.1%.

However, the success of M&S’s food business was up by 1.7% year on year, and saw the company record an overall rise of 0.3% since last year.

Bolland said: “We have seen a continued improvement in clothing, although as anticipated the settling in of the new M& site has had an impact on sales. We are pleased that the womenswear business was in growth, driven by full price sales, in line with our increased focus on margin. Our food business had another great quarter, continuing to outperform the market, through our focus on differentiation through quality and innovation.”

LLB button - newsletter

Readers' comments (1)

  • Anonymous

    I have been a committed M&S customer for many years. I tried to order chocolates for a lady friends birthday. First I was told to change my password, then the site refused to accept it, either the new or the old one. I wrote complaining and have not had a reply.
    After 24 hours I gave up. It is either technical ignorance or sabotage of the M&S site. I spend s few hundred a year on line and past years have been so easy.
    Poor old M&S. Whoever recommended this new technology.

    Unsuitable or offensive? Report this comment

Social Bookmarks