• Pepco Group reports improved trading in Q3

    2 monthes ago - By Fashion United

    Image: Pepco, Facebook
    Pepco Group, owner of the Pepco and Dealz brands in Europe and Poundland in the UK, reported third quarter sales of 1,043 million euros and year to date sales of 3,038 million euros. On a LFL basis, the Pepco business reported 9.6 percent LFL growth year to date.
    Commenting on the results, Andy Bond, CEO Pepco Group, said: “We made good strategic progress in the third quarter, with all three of our brands delivering a resilient trading performance as consumers continued to come back to Pepco, Poundland and Dealz, following the gradual easing of Covid restrictions...
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  • Asos Q3 sales increase 21 percent

    2 monthes ago - By Fashion United

    Image: Asos, Facebook
    For the four months to June 30, 2021, Asos reported total group revenue of 1,286.4 million pounds, up 21 percent. Sales in the UK increased 60 percent to 526.4 million pounds.
    The company said trading in the last three weeks of the period was more muted, as continued Covid uncertainty and inclement weather, particularly in the UK, impacted market demand. The company anticipates a measure of volatility to continue in the near term, resulting in underlying fourth quarter growth rate to be broadly in line with the prior year comparable period.
    Commenting on the trading...
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