Merchant reported an 8 per cent rise in group sales for the eight weeks to January 8 compared with the same period last year. Like-for-like sales increased by 5 per cent.
The results were bolstered by the performance of The Perfume Shop, which produced like-for-like sales up 6 per cent for both the eight-week and 41-week periods, despite problems with a new EPoS system. There are 111 Perfume Shop stores.
At Joplings, margins were affected by a closing down sale at Tynedale Park, which will cease trading at the end of January. Like-for-like sales for the eight-week period were up 1 per cent at both Joplings and the the retailer's trophy De Gruchy department store in Jersey.