Festive Reckoning in Clothing Sector

Summary


Investors in clothing retailers will discover this week whether there was a slowdown in high street spending over Christmas.

House of Fraser, which takes in Binns in Middlesbrough and Darlington, beat market forecasts for Christmas sales in 2002 and investors will be hoping for a repeat performance when it provides an update on Thursday.

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Extract


Festive Reckoning in Clothing Sector

Retail expert Richard Ratner, of stoc...

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