M&S' Christmas trading off to a good start -CEO

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SaltWire's Atlantic regional weather forecast for November 7, 2023 | SaltWireLONDON - Sales of Marks & Spencer's Christmas products have got off to a good start in the key trading period, its boss said on Wednesday.

"We are definitely seeing good sales performance in our Christmas ranges," CEO Stuart Machin told reporters after M&S reported much better-than-expected first half results. "In food people are buying into the ranges and actually eating those ranges now, we're very encouraged by the numbers in our party food section for example," he said.He noted the retailer's research showed about 20% of customers wanted to stock up on Christmas food products"slightly earlier" this year, with most of those customers planning for a bigger family Christmas."I'm quietly confident on Christmas ... I think we're in very good shape.

 

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