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Published
Jul 30, 2015
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UK's Bonmarché sees 3.8% rise in Q1 sales

Published
Jul 30, 2015

British women's value retailer Bonmarché reported a 3.8% year-on-year uptick in total sales in the first quarter ended June 27.

Bonmarché


However, like-for-like sales fell by 1.7% against a comparable figure of +13.5% the previous year. Online sales rose by 11.4%, less than the 14.5% increase seen in the quarter to March 28 and the previous year, when it increased by 53.5%.

Beth Butterwick, Chief Executive Officer of Bonmarché, said: “We have made a solid start to the new financial year. Our LFL run rate shows an improvement compared to the previous quarter, despite inconsistent spring & early summer weather. We continue to make progress with the execution of our strategic initiatives. We are listening to our customers’ feedback, based on which, our plans will evolve. At this early stage the Board remains confident of achieving its expectations for the year.”

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