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Card Factory PLC Shares News & Articles

Market report: Marks & Spencer slumps on poor Christmas clothing sales, Card Factory collapses on profit warning

London’s FTSE 100 started Thursday on the front foot, gaining 31.4 points to top the 7,600 mark as tensions between the US and Iran seemed to cool overnight. Corporate news was dominated by a flurry of festive updates from the hard-pressed retail sector, with the British Retail Consortium (BRC) stating that annual sales dipped in 2019 for the first time since 1995. Embattled retail giant ...

Market report: Pound slumps, Royal Mail and Aston Martin fail to win over investors

The FTSE 100 and 250 indices head in opposite directions amid panic over Brexit developments. Dominic Raab’s resignation as Brexit Secretary has triggered a sell-off in the pound and hurt the domestically-focused FTSE 250, down 0.7% to 18,772. In contrast, the more internationally-focused FTSE 100 rises 0.5% to 7,069, helped by strength in the mining sector amid hope that trade tensions will ...

Market report: Next basks in glow of summer sales boom, Card Factory weak, CMC warns

UK fashion retailer Next (NXT) has lifted its full year profit forecast by £10m to £727m after it saying that trading in August was better than expected. Shares in the FTSE 100 high street operator shot to the top of the FTSE 100 leader board in early trade on Tuesday after the company revealed ‘we did not experience any material loss of sales in August or early September.’ The shares ...
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