Falling sales at M&S could hit bonuses

THOUSANDS of staff at Marks & Spencer could miss out on their annual bonuses following a fall in festive clothing sales, it was reported yesterday.

Falling sales at M&S could hit bonuses

The high street chain has seen its clothing sales drop by between 3% and 10% in the crucial run-up to Christmas, two Sunday newspapers reported.

The slump means the group will find it almost impossible to meet its financial and trading targets, casting doubt over the bonuses of some 65,000 store and head office workers, the reports said.

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