Edinburgh Woollen Mill suffers profit fall

Edinburgh Woolen Mill

Edinburgh Woollen Mill Group has posted a decline in full-year profits as it confronted challenging trading conditions.

The fashion group, whose fascias include Peacocks and Jaeger and brands such as Austin Reed as well as the eponymous chain, made a pre-tax profit of £81.2m in the 18 months to August 25, 2018, on sales of £935.8m.

That compared to profits of £83.8m on sales of £592m in the previous reported 12-month period to February 2017.

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