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Marks & Spencer raises clothing, homewares profit margin forecast

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Published Wed, Nov 4, 2015 · 09:50 PM

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    London

    BRITISH retailer Marks & Spencer on Wednesday raised its annual forecast for margins in clothing and homewares even though quarterly sales fell in this troubled division.

    The 131-year-old group also beat forecasts for first-half profit and increased its dividend, sending its shares up 3.7 per cent.

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