Need to know – Retail

July 8th, 2010

The Times

N Brown: The home shopping group, based in Manchester, whose brands include High & Mighty and Oxendales, said that group sales were up by 1.1 per cent in the 18 weeks to last Saturday, compared with a year ago, and were up by 0.1 per cent on a like-for-like basis. But it warned that trading had been subdued since the general election.NBrown added that it had increased its share in women’s clothing and footwear.

EXpansys: Peter Jones of Dragon’’s Den fame has signed up City veteran and Yell chairman Bob Wigley to act as non-executive chairman of eXpansys, the AIMlisted consumer electronics retailer which he controls, after selling two telecoms companies to the online retailer. Page 38

Marks & Spencer: The high street chain is facing the fresh threat of a shareholder rebellion as Pirc, the influential pension fund consultant, called for a veto of its pay report at the annual meeting next week. Page 38