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Bonmarche Holdings PLC (BON)     

dreamcatcher - 27 Dec 2014 23:22



Bonmarché is the UK’s largest womenswear value retailer catering for women over 50 years. We pride ourselves on offering quality clothing with appropriate styling, great value and in a wide range of sizes, along with outstanding customer service.

We have won awards for our clothing, winning the ‘Best for flattering fit’ award at the Yours 50+ Fashion Awards 2012. We were also crowned ‘Britain’s Best Women’s Clothing Retailer’ at the Verdict Research Awards 2012 as well as coming second for the nation’s favourite retailer, and most recently in 2013 we were awarded The Yours Magazine 50+ Fashion Awards, where we were voted as “best for knitwear”.

The Bonmarché ladies fashion range includes casual and formal separates, outerwear, dresses, swimwear, lingerie, nightwear and accessories in addition to the exclusive Bonmarché collection by formal Royal couturier David Emanuel.

Our website allows you to shop online for your favourite clothing items and have them delivered to your home or offer a FREE service to your local store with the nationwide Bonmarché collect in store service at over 250 stores. We also offer a telephone ordering service, available between 8am and 8pm, 7 days a week.

Bonmarché was established in 1982 by two brothers who began their business on market stalls and opened their first store in Doncaster. The business expanded very quickly to a portfolio of over 200 stores when they were acquired by The Peacock group in 2002.


Ticker
BON

Exchange
London


http://www.bonmarche.co.uk/page/home

Chart.aspx?Provider=EODIntra&Code=BON&SiChart.aspx?Provider=EODIntra&Code=BON&SiFlag Counter

skinny - 20 Apr 2018 10:13 - 25 of 25

Trading Update

52 week period ended 31 March 2018

Bonmarché, one of the UK's largest women's value retailers, presents its trading update for the 52 week period ended 31 March 2018 ("FY18"). The Company is pleased to confirm that, reflecting the good progress achieved during the financial year, the FY18 profit before tax will be in line with the Board's expectations.

Online sales maintained the strong growth seen throughout the financial year, against comparatives that became more difficult in the fourth quarter. Store sales performance was disappointing, reflecting the issues more widely reported in the clothing market.

Whilst total sales for the year therefore declined slightly, the gross margin percentage was resilient. The lower headline gross margin that had been anticipated due to adverse FX movements, was largely mitigated through tight stock control and improvements to the loyalty scheme, which led to lower discounting. There were also significant overhead cost savings, delivered through improved operational efficiency and reduced, but more effective, marketing expenditure.

The Company's financial position remains sound.


more.....

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