About 7,890 articles related to "Christmas"

Richemont, Burberry optimistic about China luxury sales

Luxury retailers Richemont and Burberry said they were optimistic that consumers in China would start spending again, helping offset three years of upheaval from the government's strict COVID-19 lockdowns and soaring infections.

Britain's M&S to invest $587 million in store estate

British clothing and food retailer Marks & Spencer plans to open 20 new, bigger stores in its 2023-24 year as part of a radical overhaul of its store estate that will see it invest 480 million pounds ($587 million).

UK economy wins World Cup boost but recession looms

Britain's economy unexpectedly grew in November as consumers splurged during the World Cup, official data showed Friday, but analysts warned that it remains on course for recession due to the cost-of-living crisis.

Tesco braces for post-Christmas hangover with more deals

Britain's biggest retailer Tesco said it would focus on offering customers better value deals in January as it does not believe inflation has peaked, preparing for a tough 2023 after shoppers defied the cost of living crisis and spent big at Christmas.

Wine and sequins help UK's M&S sparkle at Christmas

British retailer Marks & Spencer reported strong Christmas sales, with demand for turkeys and sparkling wine delivering its highest ever share of the food market and sequin-decorated partywear boosting its clothing sales.

After Christmas relief, UK retailers face 2023 reality check

Updates next week from Britain's biggest retailers including Tesco, Sainsbury's and Marks & Spencer are expected to confirm that while Christmas was not the disaster that some had feared, consumer demand is set to weaken in 2023, denting profit.

US lawmakers pick leader in high-wire political thriller

US Republican leader Kevin McCarthy was a simple up-or-down vote from realizing his dream of becoming one of the country's top statesmen on Tuesday -- in a cliffhanger worthy of TV drama "House of Cards" that could as easily end with his career in tatters.

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