The marketplace reported its best revenue growth in more than four years on Wednesday, but can it keep the momentum going?
N Brown Group has enjoyed a healthy uptick in all of its main revenue streams during the third quarter, during which it penned a new deal with online retailer Zalando. For the 18 week period ending January 6, N Brown’s three main retail fascias Simply Be, Jacamo and JD Williams recorded 7.3 per cent year-on-year revenue growth. When factoring in the all of N Brown’s brands, overall product revenue growth went up by 2.7 per cent year-on-year.
Brooks Running reported strong revenue growth, boosted by sales of the company's shoes for avid runners during the third quarter.
A successful expansion strategy and strong ecommerce sales has allowed iconic footwear brand Dr Martens to record a jump in revenues and operating income. In its annual report for the year ending March 31, the retailer reported a 25 per cent increase in group revenue to £290.6 million, or 12 per cent growth at constant currency. Meanwhile, its EBITDA increased 27 per cent to £37.5 million, highlighting the success of its strategy to expand the product line, grow new stores, and expand globally