M&S's Christmas spoilt by food waste and weak menswear sales
Share:
LONDON (Reuters) - British retailer Marks & Spencer said its performance over the key Christmas quarter was held back by waste in its food business and weak sales of menswear and gifts, sending its shares sharply lower.The "disappointing one-off issues" overshadowed M&S reporting a rise in quarterly underlying sales for its overall UK business for the first time since 2017.Shares in the group were down 7.3% at 0826 GMT, extending losses over the last year to 24%.M&S, one of the best known names..