The more I see of the Speziale range, the more I think it's a crafty tax-avoidance tactic, whereby M&S buys a lot of completely unwearable stuff in Euros - designed by a team of cackling loons with the brief 'What would Nancy dell'Olio wear if she were on an acid trip in Monaco?' - then warehouses it until the sales, after which it's written it off as a loss.