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New store openings planned for Edinburgh Woolen Mill

More than 1,100 new jobs to be created over the next 18 months.   The company is aiming to open around 100 stores as well as… View Article

GENERAL MERCHANDISE NEWS

New store openings planned for Edinburgh Woolen Mill

More than 1,100 new jobs to be created over the next 18 months.

 

The company is aiming to open around 100 stores as well as eyeing potential expansion deals in Russia,Germany, and the Middle East.

Operating profit has risen to £58.5m compared with £20.6m the previous year.
Like-for-like sales excluding Peacocks rose 1.2 per cent in the year, with online sales rising by almost 60 per cent.

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