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....H&M already operates a range of High Street brands including Cos, & Other Stories, Monki, Weekday and Cheap Monday. But the firm said market conditions were difficult for fashion retailers as digitisation is changing both shoppers' behaviour and the way fashion companies operate. ... [Read full article on BBC ]
Thursday 30th of March 2017 02:45:31 PM
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Latest Finance News related to Fashion Retail

H&M to launch new 'more upmarket' fashion brand in London image
Source : BBC [Read Article] Thursday 30th of March 2017 02:45:31 PM
....H&M already operates a range of High Street brands including Cos, & Other Stories, Monki, Weekday and Cheap Monday. But the firm said market conditions were difficult for fashion retailers as digitisation is changing both shoppers' behaviour and the way fashion companies operate. ...
Urban spies image
Source : BBC [Read Article] Thursday 23rd of March 2017 12:29:02 AM
....Shops and retailers are taking over where street cameras left off, watching shoppers' every move. According to a 2015 survey of 150 retail executives from IT services firm Computer Services Corporation, a quarter of all British shops and 59% of fashion retailers use facial recognition software. ...
Lily Beddall: Girl with Down's syndrome models for Matalan image
Source : BBC [Read Article] Saturday 18th of March 2017 12:30:56 AM
. A two-year-old girl with Down's syndrome has been chosen as one of the faces of a fashion retailer's advertising campaign. ...
Mike Ashley firm buys lingerie firm Agent Provocateur image
Source : BBC [Read Article] Thursday 2nd of March 2017 04:27:32 PM
....Sports Direct's profits have suffered after criticism of work practices at its Derbyshire warehouse. Mr Ashley appears keen to target more upmarket fashion retail, moving away from the cheaper end of the High Street. ...
The high street is already under threat and now this... | Lucy Siegle image
Source : Guardian [Read Article] Sunday 5th of February 2017 12:05:44 AM
.... According to CVS analysis, the nine Amazon distribution centres in England and Wales will be able to knock £148,000 off their property tax liabilities this year (despite annual sales in excess of £6bn). Similarly, fashion retailer Boohoo gets 13% knocked off the bill for its distribution centre in Burnley; so it goes on. ...
Textile firms paying UK workers £3 per hour, investigation finds image
Source : Guardian [Read Article] Monday 23rd of January 2017 06:00:25 AM
....British-based factory workers producing garments for a string of top fashion brands are being paid less than half the legal minimum wage, a new undercover film claims. Textile firms making products for fashion retailers such as River Island, New Look, Boohoo and Missguided are paying their UK workers between £3 and £3. ...
UK Christmas retail: the winners and losers image
Source : Guardian [Read Article] Thursday 12th of January 2017 01:23:56 PM
.... It did not release like-for-like figures for Primark, but total sales were up 11% year on year in constant currency terms, or a chunky 22% in actual currency terms (thanks to the sharp fall in sterling since the Brexit vote). The trainer and sports fashion retailer expects to beat City forecasts for full-year profits, sending its shares to an all-time high. ...
Next shares slump after gloomy 2017 forecast and unfestive figures image
Source : Guardian [Read Article] Wednesday 4th of January 2017 08:23:01 AM
.... Just 13 months ago they were changing hands at nearly £82. Next’s gloomy update dragged down other fashion retailers, with Marks & Spencer and Debenhams closing down 6% and Primark owner Associated British Foods losing nearly 4%. ...
Boohoo set to bid for US fashion label Nasty Gal image
Source : Guardian [Read Article] Wednesday 28th of December 2016 06:11:19 PM
. Online fashion retailer Boohoo is lining up to buy the rights to the Nasty Gal fashion label after the US internet business fell into bankruptcy last month. ...
Retail figures pick up as shoppers spend before price rises image
Source : Guardian [Read Article] Wednesday 21st of December 2016 07:04:24 PM
....The fall in the value of the pound has helped luxury retailers, which are enjoying booming sales as foreign visitors buy up handbags, jewellery and other designer products. Meanwhile, fashion retailers – who account for one of the largest shares of spending at this time of year – are having a better season thanks to relatively normal winter weather after last year’s prolonged warm spell. ...
Young, quick and very hip: Missguided and Pretty Little Thing hit the big time image
....There is a powerful new club in the north-west of England but its most bankable players are probably unfamiliar, despite raking in hundreds of millions of pounds a year from fans. Meet Boohoo, Pretty Little Thing and Missguided, the Manchester-based online companies threatening to take over fashion retailing with inexpensive, brash clothes that are more likely to have been inspired by a reality TV star’s clubbing outfit than the catwalk. ...
Top model agencies agencies fined £1.5m for price-fixing image
Source : BBC [Read Article] Friday 16th of December 2016 12:01:28 PM
....The CMA investigation looked at a wide range of modelling assignments, from small magazine shoots to big advertising campaigns. It said that the customers affected included well-known High Street chains and online fashion retailers. ...
UK model agencies found guilty of price-fixing image
Source : Guardian [Read Article] Friday 16th of December 2016 11:55:07 AM
....The Competition and Markets Authority (CMA) found that the agencies and their association “systematically exchanged information and discussed prices”, in some cases agreeing to fix minimum prices or agree a common approach to pricing. The price collusion affected customers including high street chains, online fashion retailers and consumer goods brands that use models to front their products and appear in ad campaigns. ...
Boohoo spends £3.3m on cofounder's sons' company image
Source : Guardian [Read Article] Wednesday 14th of December 2016 07:19:08 PM
. Boohoo, an online fashion retailer, has taken control of PrettyLittleThing, the fast-growing website set up by the children of Boohoo’s co-founder Mahmud Kamani. ...
Velvet dress sales put Zara owner firmly in fashion image
Source : BBC [Read Article] Wednesday 14th of December 2016 11:02:59 AM
....11 in Madrid, but are flat for the year. Meanwhile, shares in online fashion retailer Boohoo jumped 8% after it said it had bought rival fashion website Pretty Little Thing. ...
Asos plans London expansion with 1,500 extra staff image
Source : Guardian [Read Article] Monday 12th of December 2016 08:30:10 AM
. Online fashion retailer Asos has unveiled plans to hire 1,500 staff at its London headquarters and to double domestic manufacturing of its own-brand clothing. ...
Asos accused of underpaying new warehouse staff image
Source : Guardian [Read Article] Thursday 1st of December 2016 07:29:02 PM
. The online fashion retailer Asos has been accused of breaching “the spirit if not the letter” of employment law designed to prevent the exploitation of low-paid temporary workers. ...
Christmas ads deliver few real gifts for retailers, poll suggests image
Source : Guardian [Read Article] Thursday 1st of December 2016 07:00:40 AM
....”. A flurry of campaigns with totally divergent strategies have already hit the screens, from Burberry’s mini-film featuring Sienna Miller and Domhnall Gleeson, and Harvey Nichols’ tongue-in-cheek “Britalia” campaign celebrating all things Italian, to fashion retailer H&M’s unusual offering directed by Wes Anderson. ...
Dunelm buys Kiddicare in online drive image
Source : BBC [Read Article] Monday 28th of November 2016 09:28:02 AM
....Fierce competition from online sellers and changes to the way people shop on the High Street are forcing retailers to adapt. Also on Monday, sports fashion retailer JD Sports announced it was acquiring the Go Outdoors chain for £112m. ...
Last of big spenders: UK Black Friday to be final hurrah before prices rise image
Source : Guardian [Read Article] Thursday 24th of November 2016 06:00:25 AM
....Suppliers including HP and LG have devoted several weeks to producing stock for the event. Looking further ahead, fashion retailer Next has said its clothing prices will rise by up to 5%. ...
Austin Reed to return to high street seven months after collapse image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 11:33:46 AM
....3m in the year to 27 February. The group, which also owns fashion retailer Peacocks, homeware chain Ponden Mill and golfing brand ProQuip, said pre-tax profits before exceptional items increased by 2. ...
Too many clothes image
Source : BBC [Read Article] Wednesday 9th of November 2016 12:04:04 AM
....Her recent wardrobe audit project found people vastly underestimated the number of clothes they owned. Felix Poza, director of sustainability at Zara-owner Inditex, the world's biggest fashion retailer, says producing quality new fibres out of recycled garments is one of the sector's most important challenges. ...
American Apparel's UK business goes into administration image
Source : Guardian [Read Article] Tuesday 8th of November 2016 01:32:43 PM
. American Apparel’s UK business is likely to be closed after the fashion retailer appointed administrators on Tuesday. ...
Sounds far-fetched image
Source : BBC [Read Article] Monday 7th of November 2016 12:10:30 AM
....Other designers didn't have any online presence because they either lacked the ambition, funding, or know-how. So the idea for Farfetch was born - enabling small designers or fashion retailers to become global players via a single online marketplace. ...
Fashion sales wilt in September heatwave image
Source : BBC [Read Article] Friday 7th of October 2016 12:12:18 AM
....While sales of homewares rose by 12. 6% last month and lifestyle goods, including gifts and health and beauty items, also edged up, that was not enough to make up for the negative impact of the heatwave on fashion retailers. ...
Boohoo.com profit boosted by plus-size and petite ranges image
Source : BBC [Read Article] Tuesday 27th of September 2016 10:29:17 AM
. Strong sales of plus-size and petite clothes have helped boost profit at online fashion retailer Boohoo. ...
Wealth divide image
Source : BBC [Read Article] Wednesday 21st of September 2016 11:05:10 PM
.... . Take the case of Pauline Chai and her estranged tycoon husband Khoo Kay Peng, who owns 40% of fashion retailer Laura Ashley. ...
Primark blames the weather for falling sales image
Source : BBC [Read Article] Monday 12th of September 2016 08:31:08 AM
. A warm winter and a cold spring has been blamed for a fall in sales at low-cost fashion retailer Primark. ...
Shy billionaire image
Source : BBC [Read Article] Friday 9th of September 2016 06:57:46 PM
.... And if Mr Ortega has a hunch, they listen. After all, he has 60 years' experience in fashion retail, built up from humble beginnings. ...
'New era' image
Source : BBC [Read Article] Friday 2nd of September 2016 08:52:08 AM
....And there are no clear signs that the recession will be over in the near future, with the economy still shrinking rapidly and unemployment still on the rise. Yet for Flavio Rocha, who leads Riachuelo, one of the country's biggest fashion retailers, confidence in the future of Brazil's economy is back for good. ...
Fabric of success image
Source : BBC [Read Article] Sunday 28th of August 2016 11:00:29 PM
....She then worked with business consulting firm McKinsey in Chicago from 2011 to 2013. Returning to India in 2014, she then spent a year with an online fashion retailer called Myntra, before finally rejoining the family business in 2015. ...
Can't wait, won't wait! image
Source : BBC [Read Article] Thursday 18th of August 2016 11:32:16 PM
....In a word, yes. North American fashion retailer Nordstrom saw online sales fall 11% when its website response time slowed by just half a second, says Gopal Brugalette, who was the retailer's senior applied architect in performance engineering at the time. ...
Flipkart's Myntra to buy online shopping rival Jabong image
Source : BBC [Read Article] Tuesday 26th of July 2016 06:23:54 AM
....". Myntra is itself an online fashion retailer and was bought by Flipkart in 2014. ...
Store Twenty One: hundreds of workers to lose jobs image
Source : BBC [Read Article] Tuesday 19th of July 2016 08:30:28 PM
. More than 500 jobs are under threat after fashion retailer Store Twenty One agreed to close 77 shops as part of a rescue deal with landlords. ...
Online fashion firm Asos confident as sales jump image
Source : BBC [Read Article] Tuesday 12th of July 2016 07:29:22 AM
. Online fashion retailer Asos is predicting full-year sales growth at the top end of forecasts after posting stronger-than-expected trading. ...
Snap, swipe, like image
Source : BBC [Read Article] Thursday 23rd of June 2016 10:58:53 PM
...."For fashion brands the biggest asset is your image, so single-image browsing is crucial," she says. This is just one example of how fashion retailers are responding to the new world of smartphones and social media. ...
Burberry chief operating officer resigns after seven years image
Source : Guardian [Read Article] Friday 10th of June 2016 12:55:44 PM
....Burberry is losing a key member of its management team after John Smith, chief operating officer, announced plans to step down next year. Smith, who said he was leaving to pursue new interests, is understood to be seeking a chief executive post after seven years at the fashion retailer. ...
High street blues: British retail casualties since 2011 image
Source : Guardian [Read Article] Thursday 2nd of June 2016 05:11:16 PM
....May – Austin Reed, the 116-year-old tailoring brand, goes into liquidation with almost 1,000 staff likely to lose their jobs as its 155 stores close. January – Atterley, the online Scandi-inspired fashion retailer founded in 2011 and supported by high-profile backers including former Tesco boss Sir Terry Leahy, goes into liquidation. ...
City news: Debenhams, B&M, Accrol Group and Pets at Home image
Source : Daily Express [Read Article] Friday 27th of May 2016 07:18:00 AM
. Sergio Bucher, who as vice president of Amazon Fashion Europe has overseen its growth into one of Europe’s leading fashion retailers over the past three years, will start work at the department store in October. ...
Debenhams poaches Amazon's Sergio Bucher as new CEO image
Source : Guardian [Read Article] Thursday 26th of May 2016 10:19:31 AM
.... He previously worked at Puma, where he was general manager of retail and e-commerce worldwide. Before that, Bucher held retail roles at Nike and Spain’s Inditex, the world’s biggest fashion retailer, where he led the launch of its lingerie brand Oysho. ...
City news: Shell, Odeon, Model agencies and Dixons Carphone image
Source : Daily Express [Read Article] Thursday 26th of May 2016 08:13:00 AM
...._________________________________________________________________________. TOP UK model agencies including those which launched Naomi Campbell and Kate Moss have been accused of colluding to fix prices charged to customers including high street chains and online fashion retailers. ...
Asos co-founder to sell 1.3m shares to fund divorce settlement image
Source : Guardian [Read Article] Wednesday 25th of May 2016 05:34:45 PM
. One of the founders of Asos is selling a chunk of his shareholding in the online fashion retailer to fund his £70m divorce settlement. ...
Model agencies colluded to fix prices, competition regulator says image
Source : Guardian [Read Article] Wednesday 25th of May 2016 07:43:04 AM
.... Their directors could be fined, barred from running a company for 10 years and, in the worst cases, jailed. Stephen Blake, the senior director of the CMA’s cartels and criminal group, said: “The allegations concern prices charged to a range of customers, including high street chains, online fashion retailers and consumer goods brands. ...
BHS collapse: Philip Green was warned about buyer, MPs hear image
Source : Guardian [Read Article] Monday 23rd of May 2016 06:39:03 PM
.... An announcement about the future of BHS is expected to be made by Wednesday. The potential saviours include Matalan tycoon John Hargreaves, who has formed an alliance with Turkish businessman Cafer Mahiroğlu, the owner of the value fashion retailer Select. ...
Race to acquire BHS enters final stages with Matalan tycoon ahead image
Source : Guardian [Read Article] Thursday 19th of May 2016 06:52:24 PM
....After an initial flurry of interest, the field of buyers has narrowed to a couple of serious contenders as the administrators Duff & Phelps consider only bids for the whole business in the hope of saving as many jobs as possible. The offer from Hargreaves, who has formed an alliance with Turkish businessman Cafer Mahiroglu – the owner of the value fashion retailer Select – is for the business and an estimated £40m to £50m of unsold stock. ...
BHS rescue: bidders include Sports Direct and Matalan founder image
Source : Guardian [Read Article] Tuesday 17th of May 2016 06:26:14 PM
....Bidders for the 164-store chain are understood to include Edinburgh Woollen Mill owner Philip Day and Mike Ashley’s Sports Direct, as well as a “European retail group”. The other bidder is a consortium made up of Matalan founder John Hargreaves and Turkish entrepreneur Cafer Mahiroglu, who rescued the value fashion retailer Select in 2008. ...
Regulator knew I wanted to sell BHS, says Sir Philip Green image
Source : Guardian [Read Article] Wednesday 11th of May 2016 02:15:47 PM
.... It is understood to have received at least five indicative offers for the high street retailer as a going concern before the 5pm deadline on Tuesday. Former owner Chappell is thought to be among the bidders alongside: Cascade Holdings, a BHS lighting supplier headed by Ronny Abrahams; Yousuf Bhailok, a Preston-based property entrepreneur; cut price chain B&M: and Philip Day, who owns Edinburgh Woollen Mill and the Peacocks fashion retail chain. ...
Women could bear brunt of high street job losses, survey warns image
Source : Guardian [Read Article] Wednesday 11th of May 2016 11:30:00 AM
....The rate of store closures was accelerated by the financial crisis, which claimed major high street chains such as Woolworths. The sector is braced for fresh pain following the collapse of the department store chain BHS and fashion retailer Austin Reed, which together employ more than 12,000 people. ...
HMV moves ahead of Tesco as second biggest entertainment retailer image
Source : Guardian [Read Article] Monday 9th of May 2016 12:07:49 PM
....5% a year ago. Fiona Keenan, strategic insight director at Kantar, said: “Despite recent high profile casualties for high street fashion retailers the performance of bricks and mortar entertainment stores has demonstrated the strong appeal this channel still holds for consumers. ...
Salads and flat-whites boost Greggs despite high street lull image
Source : Guardian [Read Article] Monday 9th of May 2016 08:49:42 AM
.... Greggs said it was affected by the widespread lull in retail activity as cold, damp weather and wintry storms affected much of the country. Next, the fashion retailer, partly blamed the weather last week as it cut its guidance for annual sales despite a recent pick-up in trading. ...
Hula-Hoop lessons and woodcarvers? You won’t find that on the high street image
....But if City gossip is to be believed, the company is jumping through different kinds of hoops, which could lead to a stock market flotation. Despite the looming EU referendum, there still appears to be investor appetite for new retail stocks, with fashion retailer Joules and confectioner Hotel Chocolat confirming details of listings last week. ...
Upmarket tailor Austin Reed 'on radar' of Dragons' Den star image
Source : Guardian [Read Article] Thursday 5th of May 2016 06:06:32 PM
. Dragons’ Den star Touker Suleyman is one of the potential bidders circling collapsed fashion retailer Austin Reed. ...
Next warns on sales and profits as cold weather chills spring ranges image
Source : Guardian [Read Article] Wednesday 4th of May 2016 06:35:05 AM
. Next has cut its guidance for annual sales for the second time in less than two months after business at the fashion retailer disappointed in the first quarter of the year. ...
Next warns on sales and profits as cold weather chills spring ranges image
Source : Guardian [Read Article] Wednesday 4th of May 2016 06:35:05 AM
.... Wolfson, a keen observer of consumer trends, said this year “may well feel like walking up the down escalator”. Since Wolfson’s warning, other fashion retailers have reported difficult trading amid concerns about the health of the high street and consumer confidence. ...
City news: Boohoo.com, Premier Inn, Cobham, Standard Chartered image
Source : Daily Express [Read Article] Tuesday 26th of April 2016 08:24:00 AM
. The online fashion retailer, which offers its four million active customers, up a third on the previous year, up to 100 new styles every day, lifted annual pre-tax profit by 42 per cent to £15. ...
Where have all Britain’s shoppers gone? image
Source : Guardian [Read Article] Saturday 23rd of April 2016 02:59:08 PM
.... Poundland has pointed directly to the fact there are fewer people on the high street as a key reason behind its slowing sales. Last week value fashion retailer Primark revealed its first drop in UK underlying sales for 12 years, although boss George Weston said it was not yet time to press the panic button, given that chilly spring weather had weighed on all sales for all fashion retailers. ...
Asos will use £2m from China exit to bolster UK, US and Europe image
Source : Guardian [Read Article] Tuesday 12th of April 2016 02:03:15 PM
....Asos is to spend £2m of the cash saved by closing its Chinese business on boosting operations in the UK, US and Europe. Shares in the online fashion retailer rose more than 7% to £36. ...
Asos jumps 6% after better than expected results image
Source : Guardian [Read Article] Tuesday 12th of April 2016 10:29:07 AM
. Asos plans to boost investment in its remaining overseas businesses after closing its China operations, the online fashion retailer said as it reported an 18% rise in half year profits. ...
Asos hails 'improving momentum' image
Source : BBC [Read Article] Tuesday 12th of April 2016 07:06:30 AM
. Online fashion retailer Asos has reported an 18% rise in half-year profit, helped by what it called "improving momentum" within the business. ...
Tesco chief leads firm back to black after 2014/15 slump image
Source : Daily Express [Read Article] Sunday 10th of April 2016 12:05:00 AM
....He has also sought to improve Tesco’s relationship with its suppliers. This week will also see online fashion retailer Asos brush off the disappointment of having to close its Chinese business by reporting what are expected to be soaring half-year sales and profits. ...
City News: Brighton pier, Jaguar, Bonmarché image
Source : Daily Express [Read Article] Friday 8th of April 2016 10:08:00 PM
....SHARES in Bonmarché fell 16½p to a 171½p low as weather woes dampened hopes for an upturn in trading. The over-50s fashion retailer said ongoing colder weather had been “unhelpful in kick-starting real demand for spring products”. ...
New M&S boss Steve Rowe faces baptism of fire as sales fall image
Source : Guardian [Read Article] Sunday 3rd of April 2016 11:08:48 AM
....Related: M&S won’t miss Bolland’s dress sense. Rowe’s leadership could face headwinds after mid-market rival Next last week warned fashion retailers it could be facing the toughest trading conditions since the financial crisis in 2008, with Britons opting to spend spare cash on eating out and holidays rather than clothes. ...
Business News: Bonmarché, Hornby, Carnival, Vodafone image
Source : Daily Express [Read Article] Thursday 31st of March 2016 12:01:00 AM
. Connolly, currently senior buying director for George at Asda and a former head of buying at Dorothy Perkins, will take over later this year as chief executive of the over-50s fashion retailer. ...
Storm Katie dampens Easter shopping spree image
Source : Guardian [Read Article] Monday 28th of March 2016 05:33:15 PM
.... This year, though, spending patterns have been altered by the early fall of Easter with many households forced to spread their spending over the school holidays, which have only just started. “Where we are in the budgetary cycle will have hit fashion retailers quite hard,” said Wehrle, adding: “Spring seems quite a long way off today. ...
Whistles bought by South Africa's Foschini Group image
Source : Guardian [Read Article] Thursday 24th of March 2016 12:46:46 PM
....Last year Steinhoff bought Pepkor, South Africa’s biggest retailer, which has launched Pep & Co as a discount clothing chain in the UK. Christo Wiese, South Africa’s fourth richest man who owns a big stake in Pepkor, last year paid £780m for a majority stake in New Look, the British fashion retailer. ...
French Connection shares slump as annual loss hits £4.7m image
Source : Guardian [Read Article] Tuesday 15th of March 2016 09:38:23 AM
....Marks, who founded the brand in 1972, said: “Lee has extensive experience of working in senior finance roles at a number of retail businesses, but latterly with a specific focus in the digital environment. Christos brings substantial experience in fashion retailing in both the UK and USA and the board will benefit from his knowledge and insight. ...
Hotel Chocolat to raise £50m by listing image
Source : BBC [Read Article] Wednesday 9th of March 2016 09:55:44 AM
....More than 3,600 companies have listed on Aim, with the best-known being Domino's Pizza and Asos. The online fashion retailer was worth just £14m when it made its debut on 2001 but is now valued at almost £2. ...
World's 20 richest people are $70bn poorer, says Forbes image
Source : Guardian [Read Article] Tuesday 1st of March 2016 01:35:19 PM
....The only people in the top 10 to see their value increase over the last year were Zuckerberg, Bezos, the potential presidential candidate Michael Bloomberg, and Ortega. Ortega, 79, is Europe’s richest man after building Inditex, which owns Zara, the biggest fashion retailer in the world. ...
Amazon in talks to hire former Marks & Spencer womenswear boss image
Source : Guardian [Read Article] Wednesday 17th of February 2016 01:37:45 PM
.... “When we see gaps, when certain brands have decided for their own reasons not to sell with us, our customer still wants a product like that,” Yurcisin said. Amazon first started selling third-party branded clothing in 2002 and is on track to become one of the top fashion retailers in the US, growing faster than big retailers such as Walmart and Target. ...
Facebook director appointed to digital economy advisory group image
Source : Guardian [Read Article] Thursday 11th of February 2016 07:31:52 PM
....Hancock has also appointed Brian McBride, Amazon’s former UK managing director, to the group, which will be called the Government Digital Services advisory board. McBride is now chairman of the online fashion retailer, ASOS. ...
SuperGroup founder sells £53m stake to fund divorce image
Source : Telegraph [Read Article] Thursday 11th of February 2016 06:47:24 PM
.... SuperGroup founder Julian Dunkerton is selling a 4. 9pc stake worth £53m in his first share sale since the fashion retailer listed on the stock market six years ago. ...
Moody's tips Next over M&S in fashion battle image
Source : Guardian [Read Article] Monday 8th of February 2016 11:36:36 AM
. Next will outperform Marks & Spencer’s clothing business as the fierce rivals battle to cope with intense competition in fashion retailing, according to Moody’s, the credit rating agency. ...

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