GENERAL MERCHANDISE NEWS
Land of Leather on target
2 August, 2007 | by Retail Bulletin
Group expects to meet market expectations for the year.
For the year ended 29 July 2007 total sales order intake was up 21.4%. Like for like sales orders up 0.3% (prior year comparative up 3.1%)
Fifteen new stores were opened in the year and a
minimum of fifteen new stores are planned for the year ending 3 August 2008. Current trading for the 13 weeks to 29 July 2007 total sales order intake was up 19.8% and like for like sales orders up 3.5% (prior year comparative down 0.5%). Paul Briant, Chief Executive, said: ‘It has been a challenging year which has required exceptional effort and commitment
from all our staff in order to deliver profits in line with the market’s expectations.