M&S figures may be hit by Irish decline
Earlier indications from British electrical giant Dixons that its Irish sales were down on a like for like basis has fuelled speculation that the four M&S Irish stores may also have felt the back lash of the sharp decline in the Irish economy.
Marks and Sparks’ Irish operations have been ranked among its most profitable stores, but the group does not break out the Irish figures. It is the largest British clothing retailer, and is expected to report today that sales growth was subdued in its first quarter as consumer spending slowed in Britain.
