Online sales rescue M &S results
- Author:
- Ian Grant
- Posted:
- 15:28 02 Jul 2008
- Topics:
- e-commerce & e-business
A 70% rise in online sales stopped Marks & Spencer's results from looking even gloomier than the reported 5.3% slump in like-for-like sales for the first quarter of 2008.
"M&S Direct had another good quarter with sales from our website up over 70%, reflecting further growth in customer numbers, transactions and conversion," said Chief executive Stuart Rose.