M&S boss Rowe, new chairman Norman see eye to eye on strategy
* CEO says agrees with chairman on 85 pct of issues * UK consumer "fragile" and "volatile" - Rowe * "Very pleased" with small James
Read more* CEO says agrees with chairman on 85 pct of issues * UK consumer "fragile" and "volatile" - Rowe * "Very pleased" with small James
Read more** The collapse of two high-profile British retailers and signs of stress at Carpetright made for a grim week for a sector battling with online competition and weak consumer spending ** R a
Read moreMarch 2 (Reuters) - Mothercare warned on Friday that its profit would likely come in at the lower end of its guidance and said it would need some financial covenants to be waived, adding to about
Read more* Toys R Us, Maplin both enter administration * Maplin CEO blames external factors * Hedge funds betting against sector as others seek to restructure (Adds more sector context, Feb -
Read more(ShareCast News) - Mothercare returned to sales growth in the UK in the third quarter following a difficult summer trading period. In the 13 weeks to 7 January, UK like-for-like sales were up 1% as online sales - which now represent around 40% of UK sales - grew 5.5%. Total UK sales were up 0.6%, w
Read more(ShareCast News) - Mothercare swung to a loss in the 28 weeks to 8 October as the retailer's sales were hit by unseasonal weather and changes to its warehouse infrastructure. The company reported a pre-tax loss after exceptional items and non-underlying items of £800,000 from a profit of £5.8m the y
Read more(Adds ASOS comment in paragraph 10) By Timothy Large LONDON, Oct 25 (Thomson Reuters Foundation) - Big fashion brands are failing to protect Syrian refugees from "endemic" abuse in Turkish clothing factories supplying European retailers, a monitoring group said on Tuesday. Child
Read moreBy Timothy Large LONDON, Oct 25 (Thomson Reuters Foundation) - Big fashion brands are failing to protect Syrian refugees from "endemic" abuse in Turkish clothing factories supplying European retailers, a monitoring group said on Tuesday. Child labour, pitiful pay and dangerous conditi
Read more(ShareCast News) - Parents and young children-focused retailer Mothercare issued a trading update for its first quarter on Thursday, with UK like-for-like sales up 1.2% as the end-of season sale was brought forward by one week to clear stock, following adverse weather in the quarter. The London-list
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