Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have s disabled. For the best experience of this website, please enable s in your browser

Profits and like-for-like sales tumble at Bonmarché

Profit before tax at Bonmarché fell to £5.8m, down from £9.6m the year before while like-for-like sales were down 4.3% to £192.5m.

Revenue inched up by 1.1% to £190.1m for the year to 1 April, and the retailer’s online sales rose by 2.2%. Chief executive Helen Connolly said Bonmarché is aiming to develop and modernise its offer, but she conceded that the business had not improved as much as had been hoped since she took charge last year.

“A combination of internal and external factors over the past year prevented us from improving at the rate we had aimed for,” she said. “However, we believe that the business is now well positioned, with a compelling proposition and robust plan. It is clear that the direction of travel is broadly right, albeit the effectiveness of execution needs to improve.”

As part of a strategy update, Bonmarché also announced its plan to reinvigorate the business, through a simplification of how it views customers, a modernisation of its offer and improved execution.

Readers' comments (2)

  • Beth Butterwick whom everyone thinks will save Karen Millen needs to take responsibility for the performance along with Buying teams. The downfall started long before Helen took over.

    Unsuitable or offensive? Report this comment

  • Maybe they just need a few good new suppliers to work more closely with them-or more flexible ones. Get back to trading -need any help?

    Unsuitable or offensive? Report this comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.

別れさせ屋 島根

www.steroid-pharm.com

https://steroid-pharm.com