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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: ‘Storm clouds on the horizon’, JPMorgan boss warns; shares close up 0.4%

AO World Nasdaq

Superdry and Dr Martens today revealed trading setbacks in a session when the FTSE 100 index has maintained recent progress.

Fashion retailer Superdry said sales in February and March had not met expectations, blaming the cost of living crisis and impact of poor weather. It has withdrawn previous guidance that it will break even in the year to April.

Meanwhile, Dr Martens continues to count the cost of operational issues at its Los Angeles distribution centre as it issued new earnings guidance for a figure of around £245 million.

The FTSE 100 looks set to close out the week with a sixth consecutive day of gains, after strong trading on Wall Street yesterday.

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