×
1 949
Fashion Jobs
FOREO
E-Key Account Manager
Permanent · London
FOREO
Marketing Manager
Permanent · London
VF INTERNATIONAL
Warehouse Trainer And Instructor
Permanent · COALVILLE
OUTSIDE THE BOX RECRUITMENT
Account Manager Kidswear
Permanent · LONDON
THE KOOPLES
Regional Manager London
Permanent · LONDON
OUTSIDE THE BOX RECRUITMENT
Digital Marketing And e Commerce Manager
Permanent · LONDON
ESTÉE LAUDER
Estee Lauder - Consumer Campaign Email Marketing Executive
Permanent · London
VF INTERNATIONAL
Warehouse Area Manager
Permanent · COALVILLE
NEW BALANCE
Marketing Director, Emea
Permanent · Warrington
EASTPAK
Credit Controller - French Speaking - Eastpak
Permanent · CALVERTON
THE NORTH FACE
Credit Controller - German Speaking - The North Face
Permanent · CALVERTON
CONFIDENTIAL
Regional Manager London
Permanent · LONDON
ESTÉE LAUDER
la Mer - Business Manager - John Lewis, Cribbs Causeway - 37.5 Hours - Full Time, Permanent
Permanent · Bristol
VF INTERNATIONAL
dc Inventory Control Supervisor
Permanent · COALVILLE
ESTÉE LAUDER
Clinique - Consultant - Boots, Enniskillen - 10 Hours - Part Time, Permanent
Permanent · Enniskillen
SHISEIDO
Account Manager Bareminerals - House of Fraser, Cheltenham
Permanent · Cheltenham
ESTÉE LAUDER
Clinique - Consultant - Browns, Beverley - 12 Hours - Part-Time, Permanent
Permanent · Beverley
ESTÉE LAUDER
Clinique - Consultant - Boots, Metro Gateshead - 16 Hours - Part Time, Permanent
Permanent · Gateshead
ESTÉE LAUDER
Clinique - Consultant - Boots, Derby - 10 Hours - Part-Time - Permanent
Permanent · Derby
ALTRA
Sales Representative
Permanent · LONDON
MICHAEL KORS
Sales Supervisor (40 Hours) - Milton Keynes
Permanent · MILTON KEYNES
SHISEIDO
Nars Account Manager - John Lewis High Wycombe (37.5 Hours)
Permanent · High Wycombe
Advertisements
Published
Jan 3, 2020
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Expanding Fred Perry is upbeat as sales and profits rise

Published
Jan 3, 2020

Fred Perry made pre-tax profit of £28.3 million in the 12 months to the end of March, a healthy year-on-year rise after it had made £21.3 million in the previous period. As well as rising sales, it said the increase was helped by its continued “firm control of the overhead cost base”.


Fred Perry/BuckleyGrayYeoman



The firm’s sales increased 3% to £122.2 million in the period, a figure that was boosted by its operations outside of the UK and Europe. The company had seen a 6% increase in its UK/Europe operations in the previous year but this time, sales were flat in the region. So it was good news that the rest of the world’s sales rose 13%, up from an also-healthy increase of 9% in the previous year.

It also said its gross profit rose to £66.1 million from £59.8 million with a gross margin percentage of 54.1%, higher than the 50.4% of a year earlier. And as well as those cost controls, it explained that the increase year-on-year was the result of a change in the sales mix and positive currency hedging.

The firm’s overall financial position has also improved, with net assets rising to £133.1million from £122.3 million and cash rising to £7 million from £6.3 million.

The company appears to have been in a buoyant phase since the financial year end too. It didn’t give any updates on current trading but it has been very active on the store opening front with some high-profile debuts. Last spring it opened on Glasgow’s Ingram Street and opened a debut store in Spain. Then in October it opened a music-themed location in Camden. Finally in November it opened a flagship in Lower Manhattan, NYC.

Copyright © 2021 FashionNetwork.com All rights reserved.