Department store group Debenhams forecast a further rise in profit margin in 2010 despite the tough economic outlook as it posted a small rise in sales and a profit increase in the run-up to Christmas.
SuperGroup, the British fashion group considering a stock market flotation this year, reported a 29 percent rise in like-for-like sales for the five weeks to Jan. 3, adding to signs of a strong Christmas for retailers.
British department stores group House of Fraser denied on Tuesday 16 June it was considering selling any of its stores and said it was trading ahead of its expectations, with sales growth in the last 12 weeks.
Icelandic holding company Baugur, which has major retail interests in Britain, said on Wednesday it had applied for court protection after restructuring talks with its lenders failed."This morning Baugur .
Europe's shoppers are focusing on cheaper goods and essentials, despite policymakers' best efforts to boost spending, resulting in the best ever Christmas for British supermarket group J. Sainsbury, but hitting specia...