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LONDON, Sept 17 (Reuters) - British clothing retailer Next raised its profit outlook for the second time in two months on Thursday as it reported strong recent trading.Next said its central scenario now assumes a full year 2020-21 pretax profit of...
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(Sharecast News) - Next upgraded its profit guidance after sales in the first half and beyond held up better than the company expected.
Read more(Sharecast News) - The market spotlight on Thursday will be firmly on the Bank of England.
Read more(Sharecast News) - Members or parliament are urging the government to take urgent action against throwaway fast-fashion and support the development of sustainable fabrics and recycling facilities for clothes.
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TOP NEWS: Next Takes Stake In Venture For Victoria's Secret UK Arm
Read more(Sharecast News) - Next has acquired a majority stake in the UK and Irish arm of L Brands's Victoria's Secret unit for an undisclosed sum as part of a joint-venture agreement.
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Read more(Sharecast News) - Morgan Stanley downgraded its rating on shares of Next on Thursday to 'underweight' from 'equalweight' arguing that the stock is "very overvalued", currently trading higher than it was a year ago, which it said "makes very little sense" given it's been hit hard by the Covid-19 pandemic.
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