Gloomy session for retailers at FTSE

High street retailers endured a gloomy session today after a profits warning from Currys and PC World owner DSG International.

Gloomy session for retailers at FTSE
Thu, 03 Jan, 2008 - 11:38

High street retailers endured a gloomy session today after a profits warning from Currys and PC World owner DSG International.

DSG confirmed fears of tough Christmas trading by warning annual profits would be up to £50 million lower than expected, while fashion chain Next said it was “extremely cautious” about prospects this year.

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