Joules bucks high street gloom as sales soar over Christmas
Debenhams and Mothercare have both complained about a slowing UK consumer environment, but there were no such issues for clothing retailer Joules
Company
LON:NXT
Next plc is a United Kingdom-based retailer offering products in clothing, footwear, accessories and home products
571 stories · page 20 of 29
Debenhams and Mothercare have both complained about a slowing UK consumer environment, but there were no such issues for clothing retailer Joules
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Day ahead includes trading updates from food retailer Wm Morrison Supermarkets PLC, housebuilder Perimmon PLC, and staffing group Robert Walters PLC
London's top tier index closed down nearly 28 points at 7,696
It was another quiet day in London but also another record close
Investments and investor services
If you happen to work for a FTSE 100 company, your boss has already earned more in the past two-and-a-half days then the average UK employee will this year
Investments and investor services
Unless some market acquaintance has been forgot … there’s little of note in the schedule for Thursday.
An unexpected rise in Next's sales over Christmas boosted shares of other UK retailers due to post similar trading statements over coming weeks
Some of the biggest risers and fallers in the London market on Wednesday
Next said cold weather boosted full price sales over the festive season
Investments and investor services
On a separate note, Mifid II comes into force today with the aim of increasing transparency and making everyone in the investment chain more accountable for their decisions
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Next usually tells it like it is when it comes to the trading outlook
Deutsche Bank downgraded its rating on Carpetright but upgraded ASOS as it took a look at the European non-food retail sector
Deutsche Bank has identified a number of themes for the retail sector: continue to favour online clothing sellers over bricks & mortar operations; beware of "value traps" and turnaround plays
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Week ahead still looking very quiet, but trading update from clothing retailer Next PLC and the December US non-farm payrolls will provide excitement
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The next two weeks will be dominated by the Christmas and New Year holidays, of course, so investors will have to wait a while for the excitement of a trading update from Next PLC and the latest US report until the first week of 2018
The Office for National Statistics (ONS) says that UK GDP grew by 1.7% in the three months to September
Investments and investor services
The FTSE 100 index closed down 18.87 points at 7,525 on a day of light volumes
H&M posted a 4% drop in fourth quarter sales as it struggled to adapt to the online trend
Investments and investor services
UK stocks could do with a catalyst and tomorrow's US jobs numbers might provide it