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Financial Markets
Next Cuts Full-Year Forecast as Quarterly Sales Miss Estimates
Next Plc, the U.K.’s second-largest clothing retailer, cut its full-year forecasts as an extended period of unseasonably warm weather led shoppers to delay updating their wardrobes.

News & Analysis
Next Profit Gains as U.K. Retailer Surpasses M&S for First Time
LONDON, United Kingdom — Next Plc, the U.K.'s second-largest clothing retailer, reported a 12 percent increase in full-year earnings, making more

News & Analysis
M&S Investors Bank on Next-Style Cash Returns as Sales Decline
LONDON, United Kingdom — Marks & Spencer Group Plc Chief Executive Officer Marc Bolland doesn't make as much money selling clothes as smaller rival

Global Markets
'Speed Money' Puts the Brakes on India's Retail Growth
MUMBAI, India — Hong-Kong entrepreneur Ramesh Tainwala spent 18 months operating branded clothing retail stores in India before deciding it was