LONDON — The beleagueredMarks and Spencer Group is turning a corner with a revenue gain of 5.9 percent in the third quarter, due to increases in food and in its struggling clothing and home division.
The company said in a trading update that sales in its food division were up 5.6 percent, while clothing and home rose 3.1 percent in the 13 weeks to Dec. 31. The store has been working to slim down and spice up its clothing offer, which is under pressure from fast-fashion brands. Like many British high street chains, M&S is also struggling with the costs of operating too many bricks-and-mortar stores.
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