Updates from three of Britain's biggest clothing retailers should shed a little more light next week on whether consumers are starting to spend more freely ahead of the key Christmas trading period. Mid-market players Marks & Spencer (MKS).
John Lewis, the employee-owned group seen as a barometer of British retailing, posted a sixth consecutive week of rising department store sales, but said it was still too early to talk of a sustained consumer recovery.
From Facebook to Twitter to YouTube, retailers and food chains plan to use social media this holiday season to get their brands in front of consumers and possibly win a bigger piece of their limited shopping budgets.
Could Topshop soon be seen in Paris? That seems more and more likely as owner of the Arcadia group Sir Philip Green stated to the British press that he wants to expand Topshop’s network to include Milan, Paris and China.
John Lewis, the employee-owned group seen as a barometer of UK retailing, posted a fifth consecutive week of rising department store sales, benefiting from weak comparative numbers and a store opening.
EBay Inc forecast results for the fourth quarter at the low end of Wall Street estimates, disappointing investors who were hoping for a substantial turnaround for the holidays, and its shares down 5 percent.
Debenhams, Britain's second-biggest department stores group, posted full-year profit towards the top end of expectations and said underlying sales had turned positive at the start of its new financial year.