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HOME -> Brand Apparel News -> International Brand Apparel News -> UK: Seasonal sales boom for fashion chain

UK: Seasonal sales boom for fashion chain



Fashion chain Republic reported UK: Seasonal sales boom for fashion chainFashion chain Republic reported "record breaking" trading over Christmas with like-for-like sales up 11 per cent in the eight weeks to January 4.
,br> The Leeds-based company, which sells a mixture of branded and own-brand clothing, said total sales for the period climbed 23.6 per cent to £51.2m.
,br> Internet sales also showed strong growth, rising by 38.8 per cent over the eight week period.
,br> On a two-year basis, sales rose 46.6 per cent and like-for-like sales increased by 16.7 per cent.
,br> Margins were also ahead and Republic said its sale would end this Sunday, a week earlier than last year.
,br> Republic said that full year sales to January 31 would finish at in excess of £200m and EBITDA would be in excess of £30m.
,br> Chief executive Tim Whitworth said: "Without doubt, our Christmas trading performance capped another successful and record-breaking year for Republic."
POST: 2024-05-08

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