Next Plc, the U.K.’s second-largest clothing retailer, cut its full-year forecasts as an extended period of unseasonably warm weather led shoppers to delay updating their wardrobes.
LONDON, United Kingdom — Next Plc, the U.K.’s second-largest clothing retailer, reported a 12 percent increase in full-year earnings, making more money than Marks & Spencer Group Plc for the first time in the brand’s 32-year history.
LONDON, United Kingdom — Marks & Spencer Group Plc Chief Executive Officer Marc Bolland doesn’t make as much money selling clothes as smaller rival Next Plc. To soften the blow, some investors would like him to mimic his competitor’s record on giving back cash.
MUMBAI, India — India is the next great frontier for global retailers, but a daunting array of permits force retailers to pay so-called "speed money" through middlemen or local partners to set up shop.
Fashion Ties the Knot (WSJ) “Fashion’s most matronly accessory is experiencing a rejuvenation. Silk prints have evolved from hunting scenes to tattoo-like images. Scarves have loosened up… They have moved off the neck to substitute for belts, bandanas, bracelets and even a sling for a broken arm.” Next Counts Cost of Big Freeze (Guardian) “Britain’s second largest clothing chain had fared worse
Seen on the Street: Strangers as Style Icons (WSJ) “We’ve had the age of supermodels as fashion icons and the age of celebrities. Now comes the age of attractive strangers… BeautifulStranger, The Sartorialist and other photo websites are turning fashion’s focus from models to regular people.” Chinese luxury wannabes try to shake off “Made in China” image (Reuters) “‘I threw away
Can Shopping be Fun Again? (WSJ) “Hoping to lure customers with bar offerings, movie screenings and even rock concerts, retailers are giving a new meaning to one-stop shopping.” Why Long-Form Ads Are the Wave of the Future (Advertising Age) “Since Lady Gaga’s …”Telephone” made its debut a few weeks back, it’s garnered 28 million views on YouTube, been watched on MTV.com nearly 500,000