×
153
Fashion Jobs
SAROJ JALAN
Marketing Strategist
Permanent · KOLKATA
ADD UR CO LLP
Production Manager
Permanent · Chennai
THE GLOBAL ZONE HR SERVICES
Production Manager/ Supervisor/ Incharge
Permanent · Pune
PUMA
Manager - Digital Marketing
Permanent · Bengaluru
THE BANYAN HR CONSULTS
Brand Manager For Leading Women's Wear Garments CO at Coimbatore
Permanent · Coimbatore
LEVI'S
Manager, Retail Merchandising (Ebo)
Permanent · Bengaluru
GLAN MANAGEMENT CONSULTANCY
Senior Buyer Lingerie (Knits Western Wear) - Retail Brand
Permanent · GURUGRAM
JOB INDIA
Asst. Manager E-Com Operations (Garments Retail) Gurgaon
Permanent · Faridabad
VASTRAKALA EXPORTS
Quality Manager
Permanent · CHENNAI
PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
Manager / in Charge - Production/Quality/Cutting - Garments Industry
Permanent · Bhiwandi
MINT AND MILK COMMUNICATIONS
Senior Account Executive
Permanent · MUMBAI
PUMA
Manager- Buying (Apparel)
Permanent · Bengaluru
PUMA
Manager- Business Intelligence
Permanent · Bengaluru
PUMA
Manager- Trade Compliance
Permanent · Bengaluru
LEVI'S
Technical Product Manager
Permanent · Bengaluru
PUMA
Manager- Supply Planning
Permanent · Bengaluru
PUMA
Senior Manager - Performance Marketing- Marketplac…
Permanent · Bengaluru
PUMA
Regional Sales Manager- Mbo (South)
Permanent · Bengaluru
PUMA
Manager- Returns And Spf Operations
Permanent · Bengaluru
PUMA
Manager Merchandising
Permanent · Bengaluru
PUMA
Project Manager- Operations
Permanent · Bengaluru
PUMA
Manager- Logistics Operations
Permanent · Bengaluru
Published
Jan 2, 2018
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

White Company sales and profits rise on UK strength, US expansion

Published
Jan 2, 2018

In her first results announcement since staking over as CEO, The White Company chief executive Mary Homer reported sales growth and an operating profit rise at the UK-based company, although profit was only up by 2%.


The White Company



The former Topshop boss said Friday (December 22) that sales increased again in the year to March 25, rising 7.6% to £198.4 million as the UK stores and website saw “solid growth, against a backdrop of tougher trading conditions.” She also said that the US website was “continuing to perform well”.

Operating profit, as mentioned, rose 2% to reach £17.6 million, capping a “record year” for the firm, although it might have been higher if not for heavy spending to position it for future growth and “the economic headwinds from Business Rates, changes to minimum wage and the weakening pound.”

The advances came after the mid-market homewares, clothing and beauty specialist opened new stores in Chelmsford and Liverpool, while its stores in Leeds, Bicester Village and Marylebone High Street, London were re-sited. It also opened a concession in Ely’s Department Store in Wimbledon and it has continued to expand and rationalise its store portfolio since the year end. 

All that brought its UK portfolio at the end of the year to 51 Stores (including temporary outlets) and seven concessions, while the year also saw major investments in a new web platform and warehouse management system as it continued “to develop the infrastructure required for future growth.” 

Of course, the UK operation isn’t the only focus and the company is also looking at overseas markets having opening its first stores in the US (on 5th Avenue NewYork and Short Hills Mall, New Jersey) since its financial year ended. It has also opened an outlet store in Kildare, Ireland."These represent the first steps towards a broader long-term international expansion for The White Company,” Homer said.

She added that the next year will be one of “consolidation, investing in both the infrastructure and IT and also moving to new Headquarters. This will ensure we are well-positioned for our future growth.”

Copyright © 2022 FashionNetwork.com All rights reserved.