European Retail Stocks Drop; Next, Sports Direct Lead Slide (Bloomberg.com)
European Retail Stocks Drop; Next, Sports Direct Lead Slide (Bloomberg.com)
July 24 (Bloomberg) — European retail stocks fell, led by Next Plc and Kingfisher Plc, as floods devastated parts of central England. Sports Direct International Plc tumbled 16 percent after the U.K.’s biggest sporting-goods retailer said it expects the weather to weigh on earnings.