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M&S reports strong Christmas trade.

Online sales up 32 per cent.

CITY & CORPORATE

M&S reports strong Christmas trade.

Online sales up 32 per cent.

Sales rose 2.6 per cent in the 13 weeks to 26 December and by 2.3 per cent in the UK. Like for like sales were up by 0.8% but could have been possibly 1 per cent higher if the period had included the first day of the Christmas sale on 27 December.

General Merchandise sales were up 3.2 per cent, with clothing up by 4 per cent. Food had its biggest ever Christmas fortnight, with record one day sales of over £50m on 23 December helping sales for the period improve by 1.3 per cent.

UK like for like sales for General Merchandise were up 1.2%. Like for like sales of food increased by 0.4 per cent and international sales rose 6 per cent.

Sir Stuart Rose, Chairman said:"We had a good Christmas, continuing the improvements seen throughout 2009."In Food, we had our biggest ever Christmas fortnight, with record one day sales of over £50m on 23 December. In General Merchandise, sales of knitwear, sleepwear and footwear were particularly strong. Over Christmas, customers bought more than 36 million mince pies, a million bottles of champagne and over 8 million jumpers and cardigans."

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