Plus-size retailer Yours Clothing has posted soaring full-year profits despite “the cloud of Brexit casting its shadow”.
Yours’ profit before tax rose to £12.4m for the 12 months ending February 2019, compared to £6.5m in the same period the previous year.
The retailer’s total sales jumped to £105.5m for the same period, up from £88m the previous year.
Gross profit saw an uptick of three percentage points to £66.2m, driven by a “focus on improved quality, more relevant seasonal product and better buying techniques”.
Please sign in now if you have a subscription or are already registered with us.
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:
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.