200
Fashion Jobs
SAMSOE
Account Manager no (Menswear)
Permanent · OSLO
BEST SELLER
Bestseller Søker Business Controller Til Vero Moda
Permanent · OSLO
ABBOTT
Territory Manager
Permanent ·
RITUALS
Butikkselger (Sommerhjelp) -Tønsberg - Farmandstredet
Permanent · TØNSBERG
RITUALS
Butikkselger (Sommerhjelp) - Kristiansand - Sandens
Permanent · KRISTIANSAND
RITUALS
Butikkselger (Sommerhjelp) - Horten - Sjøsiden Shopping Center
Permanent · HORTEN
RITUALS
Butikkselger (Sommerhjelp) - Down Town Kjøpesenter
Permanent · PORSGRUNN
RITUALS
Butikkselger (Sommerhjelp) - Kristiansand - Sørlandssenteret
Permanent · KRISTIANSAND
RITUALS
Butikkselger (Sommerhjelp) - Bergen - Oasen Senter
Permanent · BERGEN
RITUALS
Butikkselger (Sommerhjelp) - Hafrsfjord - Amfi Madla
Permanent · HAFRSFJORD
RITUALS
Butikkselger (Sommerhjelp) - Straume - Sartor Storsenter
Permanent · STRAUME
RITUALS
Butikkselger (Sommerhjelp) - Stavanger - Søregata
Permanent · STAVANGER
RITUALS
Butikkselger (Sommerhjelp) - Kilden Kjøpesenter
Permanent · STAVANGER
RITUALS
Butikkselger (Sommerhjelp) - Bergen Galleriet
Permanent · BERGEN
RITUALS
Butikkselger (Sommerhjelp) - Bergen - Horisont
Permanent · BERGEN
RITUALS
Butikkselger (Sommerhjelp) - Sandnes - Kvadrat
Permanent · SANDNES
RITUALS
Butikkselger (Sommerhjelp) - Kongsberg - Stortorvet
Permanent · KONGSBERG
RITUALS
Butikkselger (Sommerhjelp) - Sandefjord - Hvaltrovet
Permanent · SANDEFJORD
RITUALS
Butikkselger (Sommerhjelp) - Arendal - Alti Senter
Permanent · ARENDAL
RITUALS
Butikkselger (Sommerhjelp) - Drammen - Magasinet
Permanent · DRAMMEN
RITUALS
Butikkselger (Sommerhjelp) - Drammen - Gulskogen Senter
Permanent · DRAMMEN
RITUALS
Butikkselger (Sommerhjelp) - Bryne - m44 Kjøpesenter
Permanent · BRYNE
Published
Dec 4, 2017
Reading time
2 minutes
Download
Download the article
Print
Text size

Edinburgh Woollen Mill sees another profitable year despite tough backdrop

Published
Dec 4, 2017

The “intensely competitive” market is affecting even the most robust retail chains but Edinburgh Woollen Mill managed to increase sales in its latest financial year, the period to February this year.


Jaeger



The company, which owns a raft of major brands including Austin Reed, Peacocks, Jane Norman, and Jaeger, said comparable sales rose 2.7% during the year to reach £592 million, The Times reported. And while operating profit rose 1.7% to £91.5 million, unadjusted operating profit was only £83.3 million with foreign exchange losses taken into account. Profit after tax was down to £18.61 million from £19.66 million.

Philip Day, the retail billionaire who has built EWM into a major force on the UK high street, said that conditions were tough but attractive pricing, increasing online sales and an efficient supply chain were all helping it to overcome the gloomy backdrop. "We have a 'first price, right price' strategy and a robust strategic supply chain," he told there newspaper, which is “about delivering the best value to all of our customers, whether they are buying from Peacocks or Austin Reed.”

While the results only take us up to February 2017, it will be interesting to see how the company has been performing this year. Its launch of the Days department store banner has taken advantage of the large number of brands the business owns by bringing then all together under one roof. 

The ‘chain’ has only one store at present (in Carmarthen) but stores in Bedford and Crawley are planned and the firm is in talks about other locations, as well as looking for a flagship site in London.

That could see it returning to the West End after the earlier closure of flagships for both Austin Reed and Jaeger on Regent Street. Coach now occupies the former Jaeger flagship site.

Copyright © 2024 FashionNetwork.com All rights reserved.