M&S Is the Next Big Thing Wolfson has to Keep From the Door

Birmingham PostMay 18, 2006

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Summary


Fashion retailer Next yesterday revealed an anticipated improvement in sales trends, but not enough to breathe fresh life into its shares.

Next, a rival of resurgent Marks and Spencer with around 439 stores and a home shopping business, said its retail sales grew 6.4 per cent in the first 15 weeks of its new financial year as a decline in like-for-like sales lessened versus the decline it reported earlier in the year.

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Extract


M&S Is the Next Big Thing Wolfson has to Keep From the Door

The retailer has blamed the tough consumer environment for recent weak sales trends, but it is clearly f...

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