
M&S clothing sales hit by COVID and trading restrictions in Christmas quarter
Marks & Spencer has reported a big fall in clothing and homeware sales during the Christmas quarter, due to coronavirus and retail restrictions caused by the pandemic.The retailer also warned that the UK's new trade deal with the European Union had led to "potential tariffs" on part of the range it exports to the bloc. Revenue at M&S's clothing and home division slumped 25.1% in the 13 weeks to 26 December, its third quarter, following a 21.3% fall in the previous quarter.Between 5 November and 1 December - when England had extra coronavirus restrictions - revenue for this division was down 40.5%.UK sales fell 7.6% on a like-for-like basis during the third quarter, with food up 2.6% and home sales down 24.1%, but the November restrictions sent food and non-food sales falling 4.5% a...