The Nobody’s Child range as modelled by Fearne Cotton is a big part of M&S’s clothing business strategy
Margaret Canning
Retail giant Marks & Spencer will publish its full-year results tomorrow.
Analyst have predicted that pre-tax profits for 2022/23 will come to around £430m, a decline of 18% on the previous year’s £523m.
The results will mark one year since Stuart Machin was promoted to the role of M&S chief executive, along with Katie Bickerstaffe as co-chief executive with responsibility for its clothing business and digital operations.
And the performance of its fashion business will be closely scrutinised as M&S has changed direction towards stocking third-party brands. It has increased its investment in Nobody’s Child, a sustainable fashion brand known for its dresses (above).
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