Did you see the comments from Next plc (NXT) today? You have to be impressed by the comment that ‘sales during the last eleven weeks have been materially ahead of our expectations and, as a result, we are increasing our profit guidance for the full year’. I have not chased the stock for a while, but it is kind of impressive to see it back to the eighty quid share price level again.
An update from luxury brand group Mulberry (MUL) commences it has considered the impact of recent developments at House of Fraser and “is expecting to provide £3 million for exceptional costs in the results for the six months to 30 September 2018”. But why a current more than 17% share price fall, wiping approaching £60 million off the market capitalisation?...
I may be an expert on The Beatles, the weather and even charting, but I am not yet one on handbags.
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