Saturday 22 July 2017

Marks & Spencer sell 1,200 bras a day in Ireland

Lingerie is lifting M&S profits
Lingerie is lifting M&S profits
Gavin McLoughlin

Gavin McLoughlin

Earlier this week Marks & Spencer delivered a solid set of trading figures - helped by sales of lingerie here.

The company sold 110,000 bras in Ireland in the 13 weeks to March 28, the figures show. That equates to an average of 1,200 a day.

Marks & Spencer said customers here are responding well to its new ranges for spring and summer. It sold 27,000 pairs of women's denim jeans in Ireland in the period, a jump of 4pc on last year. Sales of the Limited Edition women's clothing range, which "interprets the key catwalk trends into wearable designs" were up 8pc in this country.

There was also a healthy uptake of healthy food in Ireland. Sales of healthy eating range, which has 1,200 products, rose 5pc here.

Marks & Spencer's chief executive Marc Bolland said the company had made strong progress over the quarter.

"In food we delivered another excellent performance, with sales growth ahead of the market. We continued to deliver on the general merchandise gross margin, and are pleased that we have achieved this whilst also improving general merchandise sales. Also MandS.com has returned to growth," he said.

Sunday Indo Business

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