Clothing retailer Bonmarché sees festive sales jump
Women’s clothing retailer Bonmarché has announced an increase in combined like-for-like sales of 5.8% for the 39 week period ending 27 december.
The Wakefield retailer reported an increase in store like-for-like sales of 3.9% and a significant boost in online sales of 34.9%, for this period.
In the five weeks ending 27 December, online sales jumped 41.3% and combined sales increase 6.1%.
At the end of December 2014, Bonmarche operated a total of 282 stores, up from 264 stores in December 2013.
Beth Butterwick, chief executive officer of Bonmarché, said: “We are satisfied with Bonmarché’s Q3 performance in a challenging, promotionally-driven market.
“Gross margins remained under pressure, but we continued to make positive LFL sales gains. Much of the challenge in the clothing market was due to the prolonged mild weather, which began in September and continued until mid-December.
“The Board believes that the year’s performance will be in line with its expectations.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
The true value of HR in an AI-driven working world
What new business rates guidance means for pubs
Business success starts with people investment
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model