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Christmas trading period news and archive

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Management|ANALYSIS

M&S clothing sales rebound during Christmas trading period

London - The tide finally seems to be changing for struggling high street department store Marks & Spencer, as the group saw its apparel and homeware sales returned to black. M&S reported a 2.3 percent growth in clothing and homeware sales over the Christmas trading period, the first time in two years the ailing division reported a like-for-like...

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​Next's Simon Wolfson requests more transparency concerning Brexit

London - Lord Simon Wolfson, the chief executive of Next, has called on the government to explain its Brexit strategy, as he believes its would be "helpful" for retailers to have a clearer idea of what the core principles of the plan are. Lord Wolfson, who was in favour of leaving the EU before the national referendum last June, previously...

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Management|ANALYSIS

Next shares drop following disappointing Christmas trading period

London - Next’s shares have fallen more than 10 percent this morning after the UK high street retailer announced its profits are likely to sit at the lower end of estimate following a “difficult” Christmas. The retail was unable to lure in sufficient consumers over the festive season to boost its Christmas trading period sales and reported a 1.1...

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