M&S: still has the builders in

The revamp of the high-street retailer appears to be never-ending.

Clothing and homeware sales atMarks & Spencer fell for the 12th quarter in a row in the three months to the end of June. Like-for-like general merchandise sales were down by 1.5%

The retailer's relaunched website was partly to blame online sales slumped by 8.1%. Chief executive Marc Bolland suggested this was a "settling in" period, and said the site should be fine in time for Christmas.

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Andrew Van Sickle
Editor, MoneyWeek

Andrew is the editor of MoneyWeek magazine. He grew up in Vienna and studied at the University of St Andrews, where he gained a first-class MA in geography & international relations.

After graduating he began to contribute to the foreign page of The Week and soon afterwards joined MoneyWeek at its inception in October 2000. He helped Merryn Somerset Webb establish it as Britain’s best-selling financial magazine, contributing to every section of the publication and specialising in macroeconomics and stockmarkets, before going part-time.

His freelance projects have included a 2009 relaunch of The Pharma Letter, where he covered corporate news and political developments in the German pharmaceuticals market for two years, and a multiyear stint as deputy editor of the Barclays account at Redwood, a marketing agency.

Andrew has been editing MoneyWeek since 2018, and continues to specialise in investment and news in German-speaking countries owing to his fluent command of the language.