Menu

Bonmarche profits surge as turnaround strategy bears fruit

0 Comment

Bonmarche has recorded a surge in annual profits after online sales and discounting helped it counter bleak trading conditions on the high street. The value womenswear retailer reported a 38.1 per cent rise in bottom line pre-tax profits to £8 million for the year to March 31, alongside a 27 per cent uptick in profits on an underlying basis. It said the 34.5 per cent spike in online sales helped offset “disappointing” high street sales, which was shown through a 4.5 per cent dip in like-for-like store sales

Read the original post:
Bonmarche profits surge as turnaround strategy bears fruit

Tags: , , , , , , , ,

Leave a Reply

Your email address will not be published. Required fields are marked *

loading...