GENERAL MERCHANDISE NEWS
Sales rise at Land of Leather
5 April, 2006 | by Retail Bulletin
The company expects to meet market expectations for the year and that its store development programme is being implemented to plan.
In the 26 weeks to 2nd April 2006 total sales order intake was up 22.7 per cent and like for like sales orders up 1.3 %. For the year ended 2nd April 2006 total sales order intake up 26.4per cent. Like for like sales orders up 3.4%.
Paul Briant, Chief Executive, said: ‘We are pleased to have made good progress and continue to focus on the key strategic initiatives stated in the flotation prospectus. Our continuing success is based on our position as the UK’s only national retailer that specialises solely in retailing leather sofas combined with the appeal of our strong value led offer.’
