×
1 215
Fashion Jobs
ALEXANDER MCQUEEN
Collection Coordinator Assistant
Permanent · LONDON
ESTÉE LAUDER
Clinique - Consultant - Boots, Oxford - 24 Hours - Part Time, Permanent
Permanent · Oxford
ESTÉE LAUDER
Clinique - Consultant - Boots, Sedley Place London - 37.5 Hours - Full Time, Permanent
Permanent · London
PAUL SMITH
Office Administrator
Permanent · NOTTINGHAM
FRASERS GROUP
Trainee Commercial Manager
Permanent · SHIREBROOK
FOREO
Key Account Manager
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis Edinburgh - 26 Hours - Part Time, Permanent
Permanent · Edinburgh
BEARA BEARA
Marketing Executive (Taiwanese)
Permanent · LONDON
BRANDLAB 360 - HULA
Hula by Barbara Hulanicki – Wholesale Sales Manager
Permanent · LONDON
HOMEGOODS
Loss Prevention Detective
Permanent · Countryside
TK MAXX
10933-Loss Prevention Officer Sth Ruislip
Permanent · Ruislip
TK MAXX
10933-Loss Prevention Officer Haringey
Permanent · London
ESTÉE LAUDER
Aveda Haircare Category & Marketing Planning Manager
Permanent · London
ESTÉE LAUDER
Mac - Area Sales And Education Manager - London - Maternity Cover
Permanent · London
RALPH LAUREN
Operations Manager - Gretna
Permanent · Gretna
LUXURY RECRUIT
Head of Digital - Luxury
Permanent · LONDON
LUXURY RECRUIT
Brand Director - Luxury
Permanent · LONDON
LEVI'S
Mobile App Trading & Operations Manager
Permanent · London
BLACK PR
Sales Account Manager
Permanent · LONDON BOROUGH OF HACKNEY
ESTÉE LAUDER
Clinique - Consultant - Boots, Inverness - 18 Hours - Part Time, Permanent
Permanent · Inverness
RELY RECRUITMENT
Head of Finance / Finance Manager
Permanent · LONDON
LEVI'S
Performance Marketing Manager
Permanent · London
Published
Nov 29, 2019
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Fortnum & Mason sales and profits rise, opens Hong Kong store

Published
Nov 29, 2019

Luxe British retailer Fortnum & Mason saw its profits rising 26% in the year to mid-July as the luxury market prospered despite “the most challenging domestic retail backdrop in years”.


Fortnum & Mason



Its wider business sales rose 12% to £138 million, with like-for-like revenue at its historic flagship on London’s Piccadilly rising a healthy 6%.

The company is best know for its foods offer but also sells a wide range of gifts and items such as jewellery, luxury perfumes, bath & body care and fashion accessories.

It’s part of the vast holdings owned by Canada’s mega-rich Weston family through Wittington Investments. The same company also has a controlling stake in Primark’s parent company, as well as Heal’s.

Looking further at its performance, the company said online sales were up by 13% and its travel shop at St Pancras International saw a 15% revenue boost during the year.

Although best known for its Piccadilly location, the company has been adding to its store numbers and in addition to its permanent and pop-up locations (such as the current Christmas Arcade at Somerset House), it has just opened its first Asian standalone in Hong Kong.

This may be the worst time possible to open a Hong Kong store, and the location opened with none of the usual fanfare. But the company is clearly focused on a more stable future market there. 

CEO Ewan Venters told Sky News that sales there should exceed projections by January and that “an extended period of peace will help.” He added in an interview with The Guardian that "Hong Kong is going to bounce back and be a strong business for us."

 

Copyright © 2022 FashionNetwork.com All rights reserved.