British retailer Marks & Spencer has today announced some of its worst trading results in the past decade - and high-profile head of  general merchandise (non-food) commerce Kate Bostock will now depart the company this October as a result.

As the Huffington Post alluded to yesterday, British retailer Marks and Spencer has announced a fall in profits, the first of its kind for three years. This annual loss bucks the trend of what was Britain's most profitable retailer, when it was the first to make £1bn in a year.