By Claire West
Customers continue to turn to Marks & Spencer quality for their everyday essentials including tailoring and underwear according to the Q1 interim statement released today.
Marc Bolland, Chief Executive said:
“Marks & Spencer continued to grow market share in both Clothing and Food by offering our customers more choice, great value for money and leading innovation.”
Easter and the Royal Wedding holiday gave the business a boost as UK consumers looked to celebrate, in style, but ‘at home’. This trend of customers seeking better value alternatives to eating out continued with the ‘Dine In’ promotions allowing them to enjoy Marks & Spencer quality at home.
Bolland went on to say:
“Against the uncertain economic backdrop, we are focused on trading through the short term, while building for the long term growth of the business.”