×
536
Fashion Jobs
HAYS RECRUIMENT
Merchandising Manager - Growing Jewellery Brand
Permanent · LONDON
FOUR SEASONS RECRUITMENT
Ecommerce Manager
Permanent · LONDON
FOUR SEASONS RECRUITMENT
Sales Supervisor
Permanent · LONDON
TOO FACED
Too Faced Business Manager, Boots - Oxford
Permanent · OXFORD
TOO FACED
Too Faced Business Manager - Boots, Leeds Trinity
Permanent · LEEDS
FOUR SEASONS RECRUITMENT
Merchandising Manager
Permanent · LONDON
360 RESOURCING
Account Manager
Permanent · LONDON
BIMBA Y LOLA
Sales Assistant Brompton Road
Permanent · LONDON
BIMBA Y LOLA
Part Time Sales Assistant Brompton Road
Permanent · LONDON
BIMBA Y LOLA
Sales Assistant Richmond
Permanent · LONDON
HAYS RETAIL
Retail Operations Manager
Permanent · LONDON
NEXT RETAIL LTD
Home Design Consultant
Permanent · CAMBERLEY
NEXT RETAIL LTD
Warehouse Administrator
Permanent · DONCASTER
HAYS RECRUIMENT
E-Commerce Manager
Permanent · LONDON
HAYS RECRUIMENT
Eyewear Account Manager South London
Permanent · LONDON
NEXT RETAIL LTD
Home Design Consultant
Permanent · CARDIFF
NEXT RETAIL LTD
Sales Coordinator - Permanent
Permanent · LONDON
360 RESOURCING
Head Office Recruitment Consultant - Fashion Retail
Permanent · LONDON
360 RESOURCING
Temps Controller / Temps Recruitment Consultant - Fashion Retail
Permanent · LONDON
OUTSIDE THE BOX RECRUITMENT
Production Manager-Shoes & Slg-Luxury- London Salary up to £70k
Permanent · LONDON
DEPLOY LONDON
International Sales & Marketing Manager
Permanent · LONDON
FOUR SEASONS RECRUITMENT
Digital Marketing Manager
Permanent · LONDON
Advertisements

AllSaints under pressure as profits plunge

Published
today Nov 12, 2018
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

British contemporary brand AllSaints has seen its full-year profits plummet, hit by property losses and falling in-store sales, in yet another another example of tough times for UK retailers.


AllSaints


Despite an 8% increase in sales to £327m, underlying profits fell by more than half from £26m to £10.6m in the year to February 2018, reported City AM.

The company, known for its leather jackets and pared-back aesthetic, was acquired by private equity firm Lion Capital for £105m in 2011. When announcing the transaction, Lion Capital said the business had potential to make £500m in sales within three or four years.

In September, AllSaints promoted chief operating officer Peter Wood to the role of CEO after William Kim was poached by the parent company.

The company is clearly working hard to grow its business and over the last 10 months, AllSaints has signed two licensing deals with Hong Kong-based Global Brands Group and Revlon to develop a line of accessories and fragrances, respectively.

The brand has over 240 stores, including franchises and concessions, in 27 countries.

Copyright © 2020 FashionNetwork.com All rights reserved.