Nightmare before Christmas: M&S set for big loss on Covid-hit high street



Analysts expect M&S to have made a loss of about £60m in the first six months of its financial year because of the huge sales hit suffered by its clothing arm during the three-month spring lockdown. This time last year, the UK’s biggest clothing retailer was reporting profits of £176m.

from Pocket https://www.theguardian.com/business/2020/nov/01/nightmare-before-christmas-ms-set-for-big-loss-on-covid-hit-high-street
via TV Aerials Sunderland

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