RETAIL WEEK KNOWLEDGE BANK: COMPANY PROFILE
Did you know... that Office will be opening its first stores in Germany in 2013?
The company’s impressive performance has continued in 2011/12. Overall sales increased by 24% to just over £200m, driven by new openings as well as like-for-like sales growth of 16%, while the operating margin improved to an elevated 15.0%.
The UK still accounts for 96% of group sales, but this is likely to decline as management is increasing its focus on international expansion.
From store level to board room, Retail Week Knowledge Bank analyses company strategy, predicts intentions and details vital financial records across every retail sector