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Marks & Spencer group revenue 2019, by segment

Revenue of Marks & Spencer worldwide in the financial year ending March 30, 2019, by segment (in million GBP)

by Tugba Sabanoglu, last edited Aug 9, 2019
Marks & Spencer group revenue 2019, by segment Marks and Spencer is a double retailer of clothing and food, with the balance tipping towards the latter. As seen in the present statistic, UK revenue generated in 2019 from Marks and Spencer’s food segment was greater than that of clothing and home. Marks and Spencer’s supermarket business might outperform the retailer’s clothing and home lines, but it has yet to wedge itself among UK supermarket heavyweights.  
M&S clothing

  As a clothing and home textile retailer, Marks and Spencer appeal to mid-market consumers. With the proportion of clothing retail losing to food, the revenue generated from clothing has taken a downward turn, diminishing Marks and Spencer’s imprint in the UK apparel market.  

M&S food

  The food segment has been slowly but surely eating away Marks and Spencer’s clothing retail share in the company’s sales revenue. Yet M&S has the appetite for doing even more for its food business. Taking effect from 2020, Marks and Spencer is starting online grocery shopping and delivery through a partnership with Ocado. UK’s biggest online supermarket Ocado has previously been working with Waitrose for close to 20 years. Ocado’s new partnership with Marks and Spencer was a blow for Waitrose, who announced the discontinuation of its deal with Ocado.
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Revenue of Marks & Spencer worldwide in the financial year ending March 30, 2019, by segment (in million GBP)

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