* Cuts sales guidance for 2015-16 * Says ranges not as good as last year * Says faces tougher comparative sales numbers * 2014-15 profit up 12.5 pct * Shares down 3.4 pct (Adds detail, CEO, analyst comment, shares) By James Davey LONDON, March 19 (Reuters) -
Read more** Next dives off a record hit Weds on cautious outlook for 2015-16 ** Stock, down 5.2 pct, poised for biggest one-day drop since Sept 2012, easily the top faller on FTSE 100 & most actively traded stock on index ** Says while GB consumer economy looks benign, some collections not as
Read more(Adds detail) LONDON, March 12 (Reuters) - British retailer Philip Green said on Thursday his struggling department store chain BHS had been acquired by buyout firm Retail Acquisitions. Billionaire Green, whose family owns the Topshop-to-Dorothy Perkins Arcadia Group, gave no financia
Read moreLONDON, March 12 (Thomson Reuters Foundation) - Cambodian garment workers making clothing for international retailers are frequently abused and exploited at work and neither the government nor major brands are doing to enough to protect them, researchers said on Thursday. A Human Rights Wat
Read moreLONDON, March 9 (Reuters) - Marks & Spencer is to offer its army of private investors a gift card instead of a dividend payment as the British retailer rethinks the way it rewards shareholders. About 30 percent of M&S equity is owned by private investors, one of the highest proportions in t
Read moreRightmove: Credit Suisse lifts target price to 3220p from 2700p but cuts to neutral. Aviva: Panmure Gordon reiterates buy - with a 660p target, as does Westhouse Securities. Standard Chartered: UBS increases target price to 1000p from 980p and reiterates neutral view. Asos: Nomura ups target to 3,
Read more* Venerable British firm under threat from nimbler rivals * Core clientele increasingly fashion-conscious * M&S hires former Next sourcing gurus, poaches other staff * Bid to lift proportion of products designed in-house By James Davey and Emma Thomasson LONDON, Marc
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