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Drapersonline to deliver Xmas news

Drapersonline.com will deliver daily news updates over the crucial Christmas and Boxing Day Sale period.

The website will report all of the Christmas trading updates from leading retailers over the holiday period. Drapersonline.com will also report on the Boxing Day Sales and any potential Christmas casualties.

Marks & Spencer, a key bellwether of the high street's Christmas trading performance, will update the market on its sales progress on January 7.

Analysts downgraded profit forecasts at M&S this week after speculation that trading had slumped by as much as 25%. Womenswear sales were said to have fallen by as much as 30%, as the retailer was hammered by rivals' promotional stances.

Department store chain Debenhams has brought forward its Christmas update by a week to January 6 and is widely expected to put out better figures than some of its rivals thanks to its pre-Christmas promotional activity.

Mid-market retailer Next’s trading statement will be much anticipated by the sector because of its lack of pre-Christmas discounts. It is expected to have experienced a tough few weeks.
Drapers would like to wish all its readers a Happy Christmas and New Year. The magazine will be back on January 17.

Please send any press releases over the Christmas period to jessicapricebrown@emap.com.


Key news dates:

Jan 6 Debenhams Christmas update; Next update expected

Jan 7 Marks & Spencer Q3

Jan 8 Sainsbury’s Q3; Monetary Policy Committee interest rate decision

Jan 9 JD Sports update

Jan 13 BRC Retail Sales Monitor for December

Jan 15 Tesco update expected

Jan 23 ONS Retail Sales

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