LONDON, Jan 8 (Reuters) - British retailer Marks & Spencer
is likely to see a further deterioration in sales in its
clothing and homewares division in its current quarter due to
the latest national COVID-19 lockdowns, its boss said on Friday.
M&S's clothing and home sales plummeted 25.1% in its third
quarter to Dec. 26. Within that they fell 40.5% during England's
second national lockdown from Nov. 5 to Dec. 1.
Chief Executive Steve Rowe said the November dip was "a good
guide" to the current quarter.
"I would imagine that we'll see some drop off in footfall
into city centres," he told reporters.
"Although our online business is holding up very very
well...we do have a business which is two thirds in stores."
(Reporting by James Davey; Editing by Kate Holton)