JD Sports shares plunge 20% after profit warning
The sports retailer says promotions and price discounts hit its revenues in the run-up to Christmas.
Source: bbc.com
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JD Sports hit as weary customers flock to sale prices
The company downgraded its profit forecast by more than £100 million after a disappointing Christmas.
Source: lbc.co.uk
Stocks to open higher amid slew of services PMIs
Stocks in London are set to open slightly higher on Thursday, ahead of a slew of services PMI data, including for the UK, while reacting to the latest data from China. The services PMI for the UK...
Source: marketscreener.com
Have high street retailers reasserted their dominance over online rivals?
The considerable surge in online apparel orders produced a few major lockdown winners, notably fast fashion brands ASOS and Boohoo Group.
Source: thisismoney.co.uk
FTSE 100 live: London markets fall ahead of BoE's rate decision
The pound slumped after the Bank of England left interest rates on hold today while markets remained in the red following a brief surge.
Source: cityam.com