×
1 599
Fashion Jobs
SHISEIDO
Bareminerals Account Manager - Boots Stratford (37.5 Hours)
Permanent · London
SHISEIDO
Nars Business Manager - Fenwick Newcastle (37.5 Hours)
Permanent · Newcastle upon Tyne
SHISEIDO
Account Manager - Boots Hammersmith (22.5 Hours)
Permanent · London
GUCCI LIMITED
Gucci Stock Manager
Permanent · LONDON
NIKE
Purpose Marketing Manager, London
Permanent · London
NIKE
Agile Marketing Manager, London
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Edinburgh, John Lewis- 37 Hours - Full-Time, Permanent
Permanent · Edinburgh
ESTÉE LAUDER
Demand Planner - The Estée Lauder Companies
Permanent · London
SHISEIDO
Bareminerals Account Manager - Boots, Edinburgh Gyle (30 Hours)
Permanent · Edinburgh
SHISEIDO
Laura Mercier Account Manager - Harvey Nichols Manchester (37.5 Hours)
Permanent · Stretford
SHISEIDO
Bareminerals - Account Manager (30 Hours)
Permanent · Edinburgh
V. F. CORPORATION
Manager, Strategic Accounts - Dickies Emea
Permanent · LONDON
VANS
Credit Controller - Spanish Speaking - Vans
Permanent · CALVERTON
VF INTERNATIONAL
Multilingual Credit Controller - Key Accounts (English Plus Any European Language)
Permanent · CALVERTON
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Location - 15Hours / 3 Days - Part-Time, Permanent
Permanent · Exeter
ESTÉE LAUDER
Clinique - Consultant - Sutton Coldfield, Beatties - 15 Hours - Part-Time, Permanent
Permanent · The Royal Town of Sutton Coldfield
ESTÉE LAUDER
Clinique - Consultant - Leicester, Boots - Fosse Park - 15 Hours - Part-Time, Permanent
Permanent · Leicester
YVES SAINT LAURENT UK LIMITED
Saint Laurent HR Manager UK, Ireland & Netherlands
Permanent · LONDON
SHISEIDO
Bareminerals Account Manager - Hof Bluewater (35 Hours)
Permanent · Dartford
SHISEIDO
Laura Mercier Account Manager - Harvey Nichols, Edinburgh
Permanent · Edinburgh
ESTÉE LAUDER
Origins - Online Trading Manager - Brand Site
Permanent · London
Advertisements
Published
Jul 15, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Pepco bounces back in Q3 as more stores reopen

Published
Jul 15, 2021

Pan-European budget retailer Pepco talked of a “resilient rebound in trading [with] strategic momentum maintained” on Thursday as it delivered its Q3 results. The group owns Poundland in the UK, Dealz in Ireland and Europe, and apparel-focused Pepco in Europe too.


Photo: Sandra Halliday



And it said that the three months to June 30 saw group like-for-like revenue growth of 29.3% and total growth of 46.7% with revenue reaching €1.043 billion. 

The Pepco chain’s revenue rose 37.3% like-for-like and 59.8% in total to €562 million. And Poundland/Dealz rose 21.1% like-for-like and 33.8% in total to €481 million. All of those figures were ahead of the numbers for the first nine months of the financial year.

Q3 had been “the most significantly disrupted” period in the prior year, as a consequence of the pandemic. Some 18.4% of its total trading weeks were lost in the comparative period versus ‘only’ 7.5% this time due to the easing of Covid-related closures. By the final week of the quarter, all stores were trading.

Its store expansion has continued with 342 opened since the financial year started last October. That includes its recent entry into the Italian and Spanish markets via Pepco.

CEO Andy Bond said the firm “made good strategic progress in the quarter as consumers continued to come back following the gradual easing of Covid restrictions”.

But he added that global supply chains “continue to be impacted by both reduced raw material availability and input cost pressure compounded by constrained container capacity, which has the potential to introduce cost inflation starting during the autumn/winter 2021 season”. 

That said, its “unique” Asian direct sourcing operation, PGS, “commands strong direct supplier and factory relationships. This allows us to continuously monitor and quickly take operational action to mitigate potential impacts, and we remain fully committed to being the lowest-price operator in all of our markets”.

Copyright © 2021 FashionNetwork.com All rights reserved.