30 August, Friday, 2024
No menu items!
HomeSourcesthetimes.co.ukWhite made of the right stuff again

White made of the right stuff again

The company may be called White Stuff but the colour black was back in vogue yesterday as the lifestyle retailer celebrated a return to profitability.

Established in 1985, White Stuff, which has 125 shops and 55 concessions in Britain, said earnings before interest, tax and other charges had risen to £8.6 million in the 12 months to the end of April, sharply reversing a loss of £3.4 million the year before.

Total sales for the year increased by 41.8 per cent to £133.6 million, while retail sales rose by 128.4 per cent to £62.2 million.

The return to profit was principally a result of easing lockdown measures, it said, adding that strong sales in March and April had continued in the new financial year.

White

RELATED ARTICLES

Most Popular

Recent Comments