Daily Mail

Marks celebrates best ever Xmas as Rosie puts spark into bra sales

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MARKS and Spencer celebrated its best ever Christmas as it became the UK’s fastest growing grocer and bras flew off the shelves.

Food sales in the three months to January 1 were 10pc higher than a year earlier – leaving rivals including Tesco and Aldi in its wake.

And in its clothing and home arm sales were up 37.7pc on 2020 and, crucially, 3.2pc higher than in 2019.

M&S enjoyed a record-breaking quarter for lingerie as women flooded back to stores for bra fittings once lockdowns eased.

Sales of bras – including lines designed by model Rosie Huntington-Whiteley (pictured) – were 40pc ahead of 2020 and 13pc up from 2019, with its Bluewater store in Kent fitting around 650 women every month. Chief executive Steve Rowe hailed a ‘strong’ Christmas for M&S, adding: ‘I remain encouraged that our transforma­tion plan is now driving improved performanc­e.’ Signs of recovery at M&S had seen shares almost triple since their pandemic low in mid-2020. But the stock fell 8pc, or 20p, to 233p yesterday as it warned of a ‘tricky balance’ to manage increasing costs.

M&S said that while it was working hard to keep prices down, it was inevitable that some rises would be passed on to customers.

The 138-year-old retailer has more

than 1,000 shops in the UK including more than 700 Simply Food shops.

Across the group sales hit £3.3bn, an 18.5pc jump from last year and 8.6pc above pre-Covid levels.

It led to an upgraded forecast and the retailer said profits for the year to April 2 would now be ‘at least £500m’. It is its third profit upgrade in the last six months.

Food sales were buoyed by festive specials as M&S sold more than a million bottles of its light-up snowglobe gin and more than a million flashing shortbread tins.

The strong performanc­e in clothing, which has struggled with declining sales for years, saw sales top £1bn. While in-store sales were 10.8pc below 2019 levels, online purchases were 50.8pc higher. Shore Capital retail analyst Clive Black said: ‘The bottom line is M&S food sales are very strong and people now want to buy M&S clothes.’

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