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Fashion Jobs
H&M
Security/ Compliance Manager
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Sap Sales Distribution & Business Analyst
Permanent · Ho Chi Minh City
PUMA
Manager Product Line Sportstyle Footwear
Permanent · Ho Chi Minh City
L'OREAL GROUP
Key Account Executive - Drugstore Channel
Permanent · Ho Chi Minh City
PHV
Manager, Quality Assurance – Process Engineer
Permanent · Ho Chi Minh City
PHV
Manager, Merchandising
Permanent · Ho Chi Minh City
PUMA
Assistant Manager Development Fabric Apparel
Permanent · Ho Chi Minh City
H&M
Sourcing & Capacity Development Specialist
Permanent · HO CHI MINH CITY
H&M
3pl Business Expert - Import, Export And Controlling
Permanent · BIEN HOA
H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Tại Vincom Plaza hạ Long
Permanent · HẠ LONG
ADIDAS
Senior Footwear Designer
Permanent · HO CHI MINH CITY
H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực Aeon Mall hà Đông
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Aeon Mall hà Đông
Permanent · HANOI
H&M
Department Manager (Quản lý Ngành Hàng) - Khu Vực Ocean Park Gia Lâm
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực Vincom Times City
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Tại Vincom Plaza hạ Long
Permanent · HẠ LONG
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Times City
Permanent · HANOI
H&M
Visual Merchandiser (Phụ Trách Trưng Bày Làm Việc Tại Cửa Hàng) - hồ Chí Minh Based
Permanent · HO CHI MINH CITY
H&M
Nhân Viên tư Vấn Bán Hàng Khu Vực Royal City - hà Nội (Bán Thời Gian và Toàn Thời Gian)
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Mega Mall Times City, hà Nội
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực hà Đông, hà Nội
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực Gia Lâm - hà Nội
Permanent · HANOI
By
Reuters API
Published
Jan 4, 2019
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M&S set to report bleak Christmas

By
Reuters API
Published
Jan 4, 2019

Britain's Marks & Spencer is expected to report another fall in underlying sales in both clothing and food in its Christmas quarter, while the major grocers are forecast to show a slowdown in growth as the discounters march on.




Expectations for the UK retail sector going into Christmas were low after industry data showed the largest November drop in shopper numbers for a decade and Sports Direct and Primark issued downbeat comments about trading.

A huge profit warning from online fashion group ASOS on Dec. 17 then routed share prices.

Clothing chain Next is the only major listed retailer to have reported on Christmas trading so far. It sprang a positive surprise with a late surge in online demand offsetting steep falls in sales in stores.

Analysts reckon Next is likely to prove the exception among non-food retailers as the sector battles a perfect storm of rising costs, uncertainty in the economy around Brexit and the structural shift online. Unlike its rivals, Next has a longstanding policy of not discounting before Boxing Day.

Analysts have highlighted a disconnect between supportive economic factors - with consumers' real earnings growing and employment levels high - and an apparent reluctance to spend, partly due to uncertainty over Britain's departure from the European Union at the end of March.

Britain's economic growth slowed to a crawl at the end of last year and the housing market is stalling, according to data published on Friday, less than three months before Brexit day.For M&S', Britain's most famous stores group, analysts are on average forecasting a fall of 1.6 percent in like-for-like clothing and homeware sales for its third quarter to Dec. 28, mirroring the previous quarter's decline.

Analysts are also forecasting a 2.5 percent drop in like-for-like food sales, partly reflecting management's moves to make the business more competitive by cutting prices. M&S will update on Thursday.

After over a decade of failed turnaround programmes, the 135-year-old retailer is now targeting sustainable, profitable growth in three to five years by shutting 100 stores by 2022 as it strives to make at least a third of clothing and home sales online. In November it warned that sales were unlikely to improve any time soon.

 

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