Advertisement
UK markets open in 6 hours
  • NIKKEI 225

    37,596.55
    -31.93 (-0.08%)
     
  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     
  • CRUDE OIL

    83.83
    +0.26 (+0.31%)
     
  • GOLD FUTURES

    2,341.90
    -0.60 (-0.03%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • Bitcoin GBP

    51,413.33
    -221.76 (-0.43%)
     
  • CMC Crypto 200

    1,386.79
    +4.22 (+0.30%)
     
  • NASDAQ Composite

    15,611.76
    -100.99 (-0.64%)
     
  • UK FTSE All Share

    4,387.94
    +13.88 (+0.32%)
     

Shares in UK clothes retailers down after Next cuts guidance

LONDON, Oct 29 (Reuters) - A cut in profit guidance at Next due to disappointing winter clothing sales in an unseasonable warm autumn dragged shares in British peers Marks & Spencer and Debenhams (Other OTC: DBHSF - news) lower on Wednesday.

Next was the biggest loser in the FTSE 100 index in early trading, down 3.1 percent at 6,235 pence, while Marks & Spencer fell 1.6 percent to 400 pence and Debenhams lost 1.1 percent to trade at 63 pence.

(Reporting by Paul Sandle; editing by Kate Holton)