On the the 9th of January, retailer Marks & Spencer PLC posted its third quarter results few hours earlier than expected as its data had been leaked by unknown source. Data showed that Marks & Spencer saw a 3.8 percent decrease in non-food sales during the holiday shopping season. The drop in clothing sales was caused by fewer discounts in the period, according to analysts.
The business of Marks & Spencer deals with clothes, upmarket foods, footwear and home ware as well. As per reports from the firm on Tuesday Kate Bostock, the head of its non food business is going to leave the business and thereby add her name to an elite list which maintains significant departures of top managements this year.