Fidelity International
| Use attributes for filter ! | |
| Number of employees | March 31, 2015 |
|---|---|
| Ceo | Abigail Johnson |
| Headquarters | Pembroke |
| United Kingdom | |
| Founders | Edward Johnson III |
| Founded | 1969 |
| Subsidiaries | FIL Investments International |
| Fidelity Ventures | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 927729 |
About Fidelity International
Fidelity International, formerly Fidelity Worldwide Investment, is a company that provides investment management services including mutual funds, pension management and fund platforms to private and institutional investors.
Clothes sales back to pre-Covid levels in November
... " Emma-Lou Montgomery, associate director at investment firm Fidelity International, said: " The lead up to the big day looks to be far from the Christmas bonanza high-street retailers had their hopes pinned on...
The price of oil, turmoil more
... Yesterday, the price action is best understood as a characteristic or feature of the futures trade, said analyst James Trafford of Fidelity International...
Coronavirus: Global shares fall for the fifth day in a row
... I think we should expect that in this environment of increased volatility and concern, Rebecca McVittie, investment director at Fidelity International, told the BBC s Today programme...
The retail sales decline rapidly in December
... last week, the British Retail Consortium said it is to be paid in 2019 has been the image we see from the trade, that the buyer held the expenditure in the months prior to Christmas, the December month figure, there was no festive bounce, the ground lost, said Ed monk, associate director for personal investing at Fidelity International...
The decline in inflation increased the prospects of interest rate cut
... Emma-Lou Montgomery, associate director of the personal investment of money manager Fidelity International, said that the inflation data painted a precarious picture for the British economy than before...
Inflation falls to three year low as energy prices fall
... Emma-Lou Montgomery, associate director for personal investing at Fidelity International, also said there could be pressure to cut in rates - currently at 0...
Sports Direct investors rebel against Mike Ashley
... Mr Ashley, who owns Newcastle United, faced a small protest from football fans ahead of the meeting Fidelity International s Maike Currie told the BBC that shareholders have questions over the firm s performance and Mr Ashley s recent shopping spree...
Clothes sales back to pre-Covid levels in November
Clothing sales were back to pre-Covid levels for the First Time in November as consumers took advantage of Black Friday and started Christmas shopping early.
The Office for National Statistics (ONS) said total UK retail sales rose by 1. 4% last month.
Demand for fashion rebounded while shoppers also spent in computer stores and on toys and jewellery.
But economists warned the lift could be dampened by the emergence of Omicron.
Sales of clothing rose by 2. 9% in November and were 3. 2% higher than February 2020 before the UK entered its first lockdown to stop the spread of Covid.
Overall retail sales beat expectations of 0. 8% growth and were ahead of a 1. 1% rise recorded in October.
Heather Bovill, deputy director for surveys and economic indicators at the ONS, said: " Clothing stores fared particularly well and have exceeded their pre-pandemic level for the First Time . Computer, toy and jewellery retailers also reported robust sales this month. "
However, online sales continued to slip as the economy emerged from lockdown. The proportion of online sales fell to 26. 9% in November 2021, its lowest since March 2020.
Ms Bovill said more consumers were choosing to visit The High Street and retail parks.
Bethany Beckett, UK economist at Capital Economics, said it " was mainly due to a stronger-than-usual boost from Black Friday and people starting their Christmas shopping early".
But she added: " That means it was unlikely to last, even before the Omicron outbreak further dampened sales volumes in December. "
Emma-Lou Montgomery, associate director at investment firm Fidelity International , said: " The Lead up to the big day looks to be far from the Christmas bonanza high-street retailers had their hopes pinned on. "
With inflation at a 10-year high, fears around the Omicron variant lowering footfall and ongoing staff shortages, Ms Montgomery said that it's going to be a " rough ride" through The Next few months for retailers.
Source of news: bbc.com
