
Has the devastation of the UK high street made a dent at the value and older end of the fashion market? Bonmarché gave us some clues on Monday when it issued first-half results and it seems to be making progress.
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Has the devastation of the UK high street made a dent at the value and older end of the fashion market? Bonmarché gave us some clues on Monday when it issued first-half results and it seems to be making progress.
It was a tough year for Bonmarché as the weather, too much casualwear, too little newness and a reliance on China for supplies hurt its ability to react to trends, even if its target customer is not trend-obsessed,
The British retailer said profits plunged 63% to £2.0m in the first half of FY2017, as revenue dropped 4% to £93.1m. The business expects to return to growth during FY2018.
British women's value retailer Bonmarché's revenue rose by 6.5% to £97m in the 26 weeks to September 26, as like-for-like sales rose 2%.
British women's value retailer Bonmarche saw revenue increase by 8.7% to £178.6m in the year to March 28. Like-for-like sales rose 4% in the period.
British plus-size womenswear retailer Bonmarché has appointed John Coleman its new Chairman. The company also announced some directorate changes.