M&S profits soar as it sees ‘strongest value perception’ in a decade

M&S half-year profits surged as clothing and food sales continued to soar, delivering their fourth consecutive year of market share growth.
Profit before tax and adjusting items was up more than 17% at the retail giant for the half ended 28 September, hitting £407.8m.
Sales climbed 5.8% to £6.52bn. Food revenue jumped 8.1% and adjusted operating profit in the division rose more than a third (34.5%) to £213.1m as it witnessed its “strongest value perception in over a d