Fortnum & Mason has reported a strong Christmas trading period after Covid restrictions and store closures caused it to swing to its first full-year loss in 12 years.
In the full year to July 2021, Fortnumâs reported losses before tax of ÂŁ2.7m, down from a ÂŁ0.6m profit the previous year, blaming âthe impact of temporary store closures, higher supply chain costs and the continued decision to now draw on governmentâs furlough reliefâ.
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