News

New Look Half Year Results

11th November 2014

Good performance across the Group for the First Half: strong First Quarter, resilient Second Quarter

Anders Kristiansen, Chief Executive Officer, said:

“We are very pleased with these results which show progress across all parts of the business.

“There has been a great deal of commentary about the warm weather affecting UK high street sales and we are no different, but it is testament to the agility and responsiveness of our business, and appeal of our product that we maintained our strong gross margin in the period. Our continued focus on international expansion will help us to reduce our exposure to the UK weather in the longer term.

“We have made good progress both internationally and in terms of developing our E-commerce proposition. We have increased our presence in China, both in store and online, expanded our Polish business, launched French and German versions of our website and continued to make improvements to our online user experience.

“We are continuing to deliver on our strategic goals we outlined nearly two years ago, and we are well prepared for the Christmas trading period.”

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