Tag Archives: clothes

Next sales on target as online business outperforms

Total sales at the clothes retailer between 1 August and 24 December rose 3.1% compared with a year earlier, ignoring the effect of rising VAT.Next Directory sales grew 16.9%.
But its High Street business, which sees some two-thirds of sales, recorded a 2.7% fall, sending Next’s share price 4.3% lower in early London trading.Next has seen its share price rise 39% over the past 12 months, easily outperforming a 5% fall in the broader FTSE 100 index.Shares in some other big retailers also fell in the wake of Next’s announcement, which was the first trading update of the year from a major High Street chain.

Home Retail Group – owner of Homebase and Argos – dropped 4.7%, while car accessories chain Halfords was down 3%.
Profit margins
Next reconfirmed its full-year profits forecast at £565m, narrowing the range to plus-or-minus £7m.
The total sales growth figure of 3.1% was in the middle of its previous guidance of 2.5% to 4%, despite the “slightly disappointing” numbers from its 500 stores.

Next expressed uncertainty in its statement as to why the High Street performance had been so weak, particularly considering that last year’s sales had been hurt by cold weather.One possibility cited in its statement was its long-standing policy of not cutting the price of its products in the run-up to Christmas.

“Next’s own admission of disappointment is a setback to its hitherto robust growth story,” said Richard Hunter, head of equities at brokerage Hargreaves Lansdown.

“The fact that the company did not discount its products in the approach to Christmas may have been a factor, whilst the more general consumer malaise has yet to be corroborated by updates from its rivals.

“In addition, higher sales do not necessarily translate to higher profits, so the fact that the company has been able to maintain operating margins may yet play into its hands.”

Richard Perks, analyst at research firm Mintel, confirmed this view.

“These figures from Next are really pretty good I think,” he told the BBC.

“OK, Next may be – in sales terms – held back by the fact that it wasn’t discounting, but in profit terms it will be a lot better off.”

Mr Perks said he was optimistic about retail sales across the UK – predicting a 4% rise in December.

“People are reluctant to cut back any more on retail, and are cutting back elsewhere, particularly on leisure,” although he added that the rising cost of food was still crimping spending.

Next said it was cautiously optimistic about its end of season sales – which began after the end of its latest reporting period – and expected results to be slightly ahead of budget.

The retailer said it expected sales this year to be helped by a probable freeze in the price of its products.

It forecast generating £200m surplus cash in the year ahead, which it said it would return to shareholders via share buybacks.

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Obama incarnation of “weather boy” to teach people how to match clothes

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Obama incarnation of “weather boy” to teach people how to match clothes

Xinhua BEIJING, November 7 U.S. a weather Web site (obama-weather.com) Take Obama signage, not only to the black president also serves as a weather forecaster, but also he suggested that people in different climatic what clothes to wear . User only has to enter the country or region, in English, “Obama” will give you the weather forecast changes in a row six days and dressing tips.

According to Singapore’s “United Evening News” report, if you enter Singapore, you’ll see “Obama” wearing a vest, in shorts and slippers. Singapore 6, maximum temperature is 30 degrees Celsius, minimum temperature 25 degrees, cloudy and a little breeze, “Obama” think that we should wear a vest, in shorts and slippers, matched with a cowboy hat! However, the next 5 days are thunderstorms, so Obama’s hands more a green umbrella, but the outfit will remain basically unchanged, apart from the shorts and sometimes from the earth into a light green yellow to indicate a Huanyi.

In addition to Obama, the website also provides other cartoon characters, like, such as the Hollywood actress Angelina Jolie and cute robot Bender.

The site’s designers declared: “With Obama Weather Network, you no longer need to see the thermometer, or leaned out the window to see what other people wear. You only need to look at how Obama and his friends wearing enough. ”

Obey the dress tips to find the other half of girls

From the Chicago-based hair stylist Gina (27 years) on the site message, thanks “Obama” for giving her such a good marriage.

Gina said: “6 months ago, my friends and I are going according to Korea, and two strangers met online dating. Weather in some gloomy, I originally wanted to wear high-necked dress compact an appointment, Obama suggested that I wear a light coat. I hesitated a moment and decided to listen to. a miracle occurred! in the dating process, that thin men (and later learned that a young dentist) has been staring at my chest to see, was I completely captured the hearts of . My friends and other contacts between strangers, but has he was thrown. I should get married in another week, thanks Obama! ”

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Stephen Lawrence: Gary Dobson and David Norris to be sentenced

Gary Dobson and David Norris were found guilty by an Old Bailey jury after a trial based on forensic evidence.
They will be sentenced as juveniles because they were under 18 at the time of the attack, which happened in south-east London in April 1993.Police say the investigation could be reopened if new evidence emerges.
Dobson, 36, and Norris, 35, can expect to receive sentences considerably shorter than would an adult convicted of the same crime under today’s laws.The BBC’s Home Affairs Correspondent Matt Prodger says they could serve minimum prison terms of around 12 years each.
Scientists found a tiny bloodstain on Dobson’s jacket that could only have come from Mr Lawrence. They also found a single hair belonging to the teenager on Norris’s jeans.
Acting Deputy Commissioner of the Metropolitan Police, Cressida Dick, who ordered the 2006 cold case review that led to the convictions, acknowledged that police believe there were five people involved in the murder, but there are currently no “live” lines of inquiry.
“If there was an opportunity to bring the other people who were involved in that night to justice, we would do so,” she said.
Give up others’
In a statement read by his lawyer outside the Old Bailey on Tuesday, Stephen’s father, Neville Lawrence, said the convictions were a moment of joy and relief – but he could not rest until all of those who killed his son were brought to justice. He described the investigation and preparation of the case as “faultless”.
He later told Channel 4 News: “I’m praying that these people now realise that they’ve been found out and say to themselves, ‘yes I did this awful deed, but I wasn’t alone in that action that night and there are other people also guilty of what I’ve done’ and name them.
“I hope before the sentence is passed, they will talk and give the rest of these people that killed my son up.”In an exclusive interview with the BBC’s Panorama, Stephen’s mother Doreen Lawrence said: “I don’t forgive the boys who killed Stephen. They don’t think they have done anything wrong.
“They took away Stephen’s life and there is nothing in their behaviour or anything to show they regret what their actions have done and the pain it has caused us as a family.”Prime suspects’
The original failed investigation into the murder led to the Metropolitan Police being branded as institutionally racist.
Stephen Lawrence was 18 when he was stabbed to death near a bus stop in Eltham, south east London, in April 1993.
Police identified five men who were later named in a damning public inquiry as the “prime suspects”.
By that time, there had already been a catalogue of police errors and two failed prosecutions, one brought by Stephen’s parents.

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