Marks & Spencer Group Plc today paraded fall/winter ranges featuring 169-pound ($251) leather leggings and 85-pound aviator jackets, providing clothing director Kate Bostock ’s first test under new chief Marc Bolland.
Next Plc, the U.K.’s second-largest clothing retailer, reported faster sales growth in the third quarter as the expansion of the Next Directory home-shopping unit outweighed worsening sales at the company’s stores.
Burberry Group Plc, the U.K.’s largest luxury retailer, predicted it will report annual earnings above analysts’ estimates after a stronger-than- anticipated finish to the fiscal year in wholesale and retail.
Debenhams Plc , the U.K.’s second- largest department store chain, plans to pay its first dividend in 2 1/2 years as own-label fashion brands such as H! by Henry Holland help boost sales and profitability.
Next Plc , the U.K.’s second-largest clothing retailer, said it’s relying on standalone home- furnishing outlets and a bigger online presence overseas to fuel sales as weak consumer spending becomes the “new normal.”
Darty Plc’s largest investor plans to exercise its right to install a representative on the board of France’s biggest electronics retailer, losing patience after the company warned that annual profit is set to miss estimates.
Debenhams Plc , the U.K.’s second- largest department-store company, said full-year earnings rose about 20 percent, helped by the addition of more-profitable lines and a recovery in sales in the last 10 weeks.