Marc Bolland, Marks & Spencer chief executive, said the company's clothing results were "not yet satisfactory":
Our Food business has performed very well with record sales over the key Christmas trading period.
Our General Merchandise performance is not yet satisfactory but we are confident that the steps being taken by the new management team will address this.
Our plan is to transform Marks & Spencer from a traditional UK retailer to an international multi-channel retailer. We are making good progress against this plan.
More top news
Tougher regulations coming into effect today are intended to crack down on motorists driving under the influence of drugs.
A Finnish punk band whose members have autism and Down's Syndrome have been chosen as the country's entry for the Eurovision Song Contest.
The PM promises to double to 200,000 the number of homes built under an existing scheme aimed at easing Britain's housing shortage.