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https://www.retail-week.com

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    Marks & Spencer has stemmed the rate of sales decline in its crucial fashion division and hailed further growth in full-price sales.

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    Burberry’s sales have crept up during its first quarter, boosted by an improvement in its tricky Asia Pacific market.

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    M&S’ poor clothing and home sales are a well-known tale of woe, with positive quarters a rare cause for celebration.

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    Value retailer B&M’s sales have rocketed during what boss Simon Arora described as its strongest first quarter in three years.

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    There’s a saying in football that when players stop performing and the team falls into a downward spiral, the manager has ‘lost the dressing room’.

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    N Brown has warned it will incur up to £40m in exceptional costs this year after unearthing “flaws” in general insurance products it previously sold.

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    Asos has posted a jump in third-quarter sales, bolstered by a leap in its active customer and total order numbers.

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    Retail news round-up: Topshop and Topman record increase in profits, and The Pensions Regulator gets power to avoid BHS-type scandals

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    Retail Week looks ahead to the next seven days, with an update from the beleagured Mike Ashley’s Sports Direct on the agenda.

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    Conviviality is toasting a landmark year under its boss Diana Hunter, after sales and profits fizzed during what it called a “transformational” year.

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    Oak Furniture Land’s profits and sales advanced last year as the furniture retailer made its US debut.

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    John Lewis department store sales jumped 4% to £86.4m last week, during the final seven days of its summer Clearance event.

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    Zalando has posted surging half-year sales and launched a new premium membership scheme in its native Germany.

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    Hotel Chocolat posted a jump in its full-year sales as the retailer’s new store format and products sweetened growth.

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    At first glance it would be easy to write off Sports Direct’s preliminary results, which saw pre-tax profit plunge almost 60%, as an unmitigated disaster.

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    Mothercare’s UK like-for-like sales edged up 1.9% in its first quarter but a poor performance in the Middle East caused its international sales to sag.

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    Sports Direct’s profits plummeted nearly 60% in its full-year, and the Mike Ashley-owned retailer appointed Jon Kempster from JVM group as its new chief financial officer.

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