Miss Selfridge losses balloon as sales slump

Miss Selfridge London

Miss Selfridge suffered ballooning losses last year after a slump in sales and a writedown in the value of its property.

The retailer, which is part of Sir Philip Green’s Arcadia group, said pre-tax losses more than quadrupled to £17.5m in the year to September 1, 2018, compared to £4.3m the previous year.

Miss Selfridge’s total sales tumbled 15% to £102m.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.