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Sub-brands and stores key to M&S gross margin gains

2016-02-17 15:21:00| Daily apparel & textile news and comment - from just-style.com

There is a limit to long-term margin improvement for Marks & Spencer's general merchandise division, and earnings will be difficult to achieve unless the UK retail group transforms its selling space, one analyst suggests. This should include a review of its store portfolio, and a close look at the relevance of M&S's many sub-brands.

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