A trading update from Wm Morrison next week is likely to see the supermarket emerge as one of the winners of the Christmas period, while one from Kesa Electricals is expected to place it firmly in the losers' camp. On...
Online spending rose 14.2 percent on the year in December, outperforming the wider retail industry but slowing from earlier in 2008 and suggesting the sector is not immune to economic downturn, a survey found.
Swedish fashion group Hennes & Mauritz posted a shallower-than-expected fall in October underlying sales on Monday, raising hopes its focus on low-cost clothing would shield it from a consumer downturn.
Online fashion firm ASOS hasn't noticed a downturn in consumer spending and is planning a range of initiatives aimed at staying ahead of growing competition from store groups, its chief executive said.
Online fashion retailer ASOS shrugged off the consumer downturn, posting a steep rise in annual profit and a near doubling in first-quarter sales as it benefits from the growing popularity of Internet shopping.