for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

M&S slumps to first ever loss as COVID-19 hammers clothing sales

LONDON, Nov 4 (Reuters) - British retailer Marks & Spencer on Wednesday slumped to a first half loss, the first in its 94 years as a publicly listed company, after clothing sales were hammered by the COVID-19 pandemic. (Reporting by James Davey; Editing by Alistair Smout)

Breakingviews

Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.


Sign up for a free trial of our full service at https://www.breakingviews.com/trial and follow us on Twitter @Breakingviews and at www.breakingviews.com. All opinions expressed are those of the authors.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up