Fashion retailer New Look said sales at its internet business rose by 78.7 per cent lifting group performance.
The 'growing strength' of the internet business boosted group sales by 4.9 per cent in the 13 weeks to June 29 compared to the same period a year earlier, New Look said in a statement. Group like-for-like sales increased 0.3 per cent in the period.
'We are very encouraged by New Look’s robust trading performance in the period, in spite of the coldest spring for 50 years. Our disciplined attitude to cost and stock management has enabled us to make further strong progress in a difficult and volatile trading environment,' said chief executive Anders Kristiansen.
He said: 'We are confident that the improvement to our ranges, the refurbishment of our stores and our growing online strength will underpin further progress.'
Profit, measured as earnings before interest, tax, depreciation and amortisation, increased by 13.1 per cent, New Look said.
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