(Adds details, analyst comment, updates share price) Jan 13 (Reuters) - Ted Baker Plc reported a strong Christmas trading period as sales of its quirky designer clothing helped it to overcome an unusually mild winter that has weighed on other British fashion brands. The company's shar
Read more** Department store chain Debenhams jumps 17 pct, on track for sharpest gain since 2009 and races ahead of the pack on the FTSE 250 & after it beats analyst expectations in the Christmas trading period ** Like-for-like sales for 19-wks to Jan. 9 up 1.9 pct, vs analysts' view of 0.3 pct rise
Read more* Womenswear is weak spot in M&S performance * Company has suffered from trying to be universal-analysts * Future CEO Rowe has worked across M&S, background in clothing By Li-mei Hoang and Kate Holton LONDON, Jan 11 (Reuters) - When Steve Rowe takes over the top job at Mar
Read more(ShareCast News) - Berenberg downgraded Marks & Spencer to 'sell' from 'hold' and slashed the price target to 380p from 560p. It reckons M&S will continue to lose share in General Merchandise, largely offsetting the top-line growth in Food, while its multi-channel strategy continues to put pressure
Read more(ShareCast News) - Liberum initiated coverage of Royal Mail at 'sell' with a 360p price target, saying its recommendation is predicated on the long-term decline in letter volumes continuing and not being offset by growth in the parcels market. The brokerage said parcel growth is likely to favour RMG
Read more* Steve Rowe to replace Marc Bolland as CEO * New boss faces task of improving clothing sales * Bolland says told board last year he wanted to leave * Announcement follows poor Christmas for M&S clothes (Adds detail, analyst comment, updates shares) By James Davey and Ka
Read more(ShareCast News) - Marks & Spencer was given a 'buy' rating but its target price was lowered to 570p from 590p by Investec after the company reported its third quarter trading update. The retailer said while it enjoyed its best ever Christmas for food sales, general merchandise sales slumped 5% and
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