Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Online traders top the Christmas tree

Online retailers look to be the winners in the Christmas trading stakes. Numis analyst Steve Davies said early reports pointed to a 50% rise in online sales in December, ahead of forecast, which bodes well for the likes of and N Brown. Asos shares rose 6.5p to 118.75p, while N Brown climbed 1.5p to 284.25p.

Marks & Spencer and Next shares were buoyant ahead of expected trading updates next week. Shares at Next, whose trading statement was due as Drapers went to press, rose 42p to 1842p, while M&S climbed 9.5p to 730.5p.

Cashmere firm Dawson International has promoted chief operating officer Andy Bartmess to chief executive, a post which had been vacant since Paul Munn left the company in August 2003. The business is currently in takeover talks. Shares were unchanged at 6.625p.

Alexon has sold its loss-making Dolcis footwear chain to entrepreneur John Kinnaird for £2.7 million. The ex-Sports Division retail director was backed by EPIC Private Equity. Alexon shares were up 5.75p to 187.75p.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.