07/01/2002

M&S launch new spring collection

Marks & Spencer (M&S) launched their new 2002 womenswear collection on January 7, and it is the first entire collection created by Yasmin Yusuf, the company’s new creative director.

The arrival of the spring collection comes the week before M&S announce how sales performed over the Christmas period.

The clothes will be divided into ‘Riviera’ and ‘Holiday’ ranges, and they have already received excellent reviews from the fashion press.

Analysts expect M&S to report a four per cent rise in sales, and if so this will confirm that turnaround for the troubled business is well underway.

M&S shares were 2001’s top performer on the FTSE 100 index of leading shares, gaining more than 90 per cent. (CD)

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