Nomura news and archive

Marks & Spencer set to reveal first profit increase in four years

Marc Bolland's turnaround plans for British department store group Marks & Spencer appeared to have finally paid off, as the group is predicted to report its first increase in full-year profit later this week. The group is expected to announce a 4 percent increase in underlying annual pre-tax profits to 648 million pounds for the year to March...

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Business

Nomura on opportunities for retail investors worldwide

Analysts at Nomura, the private bank, have recently highlighted different investment opportunities to benefit from apparel, fashion and retail recovery worldwide, from e-commerce in India to cheaper European buys. Fraser Ramzan, an analyst at the Japanese bank, downgraded the Europe’s retail sector from ‘bullish’ to ‘neutral’ in April, noting...

Fashion

M&S expected to reveal disappointing Christmas sales

British department store company Marks & Spencer is expected to reveal poor Christmas trading results this Thursday during its third quarterly sales report, after early seasonal discounting failed to lure holiday shoppers to its stores. Although other British department stores, such as John Lewis, House of Fraser and Next have all revealed...