Martha Department Store Sales Increased 6.5% In The Two Quarter.
Beijing time October 7th evening news, British clothing
Retailer
The Martha department store (Marks&Spencer) said on Thursday that its total sales increased by 6.5% in the second quarter of October 2nd this year.
In addition, the comparable sales of the company's core business increased by 5.3% in the quarter.
According to Martha department store, the company is British clothing in terms of sales volume.
Retail
The largest retailer.
In addition, Martha department store's market share increased by 0.7% to 10.3% this quarter. In terms of food business, Martha's market share increased from 3.6% to 3.7% this quarter.
Marc Bolland, a new chief executive of Martha stores, said: "the company performed well in the second quarter of this year, but I will remain cautious about the market situation in the coming months."
Seymour Pierce analyst George (Freddie George) said: "Martha department store's strong sales growth in the second quarter basically compensated for the increase in costs."
Martha department store said it was affected by the increase in VAT rates and the decrease in public expenditure.
consumption
The disposable income of the people will face greater pressure, and the market situation in the future will become more challenging.
Due to the increase in marketing expenditure, it is estimated that the operating cost growth rate of the company in the current fiscal year will exceed 4% of the previous forecast of 5%.
- Related reading
Apparel And Home Textile Market To Build Light Textile City Tourism Shopping Center
|- Exhibition | "Magic Weapon" Innovation Of Ningbo Guang Bo Import & Export Co., Ltd.
- News and information | Harvest Of Zhejiang Sai Feng Shoes Co., Ltd.
- News and information | Enterprises Such As Shoemaking Complain Bitterly About The Surging Trade Barriers.
- Learning Area | Introduction And Course Of Cross Stitch
- Learning Area | Classification Of Buttons And Matters Needing Attention In Hand Sewing Buttons
- Power flow analysis | Internationalization Of Chinese Youth Apparel
- Learning Area | Mongolian Costumes: Gowns, Belts, Boots, Jewellery
- Learning Area | Procedure Name For Men's Suits
- Learning Area | Little Man Is Simply Dressed And Glamour.
- Power flow analysis | Create A Mixed Up Gentleman With High Profile
- Discount Sales &Nbsp; Shopping Malls "Bottom" Clothes To Grab Holiday Market Limelight.
- Wen Shang Invested 30 Billion Hebei To Build New Aircraft Carrier
- Experts Predict That This Winter Will Encounter "Extremely Cold" &Nbsp; The Cold War Industry Will "Warm Up" Ahead Of Schedule.
- Apparel And Home Textile Market To Build Light Textile City Tourism Shopping Center
- The Date Of &Nbsp Was Reversed, And How Many Costume Promotion Gimmicks Credible?
- Wuhan: The Price Of New Cotton Is Soaring &Nbsp, And The Cost Pressure Of Garment Enterprises Is Increasing Rapidly.
- Italy Luxury Brand Prada (Prada) Or Consider Listing In Hongkong
- Shengzhou Launched The "3310 Plan" Of Tie Clothing Industry
- Clothing Sales: Personalized Business Is The Inevitable Direction Of Development.
- Luxury To China'S Small And Medium-Sized Cities