John Lewis sales rebound as it cuts clothing prices

Chain bucks retail gloom after profit warnings at Asos, Bonmarché and SuperdryJohn Lewis has bucked the recent trend for gloomy retail trading updates, reporting a bounce back in sales last week as discounting on fashion brought shoppers back into stores.The department store group, which is owned by its staff, said sales in its fashion department, which includes beauty, were up 9.3% in the week to 15 December compared with the same period last year. Related: Asos: the seesaw history of a