UK: Matalan Sales Growth Slows To 5.7 Per Cent
Leading out-of-town value-priced apparel chain Matalan Plc on Thursday posted a 5.7 per cent climb in like-for-like sales for the first 17 weeks of fiscal 2002 compared to 7.2 per cent sales growth in May.
The results were better-than-expected as analysts had expected the World Cup and unseasonal weather to take their tool on sales. In a statement, Matalan said group sales were up 25.6 per cent and retail sales up 19.4 per cent.
- Under Armour Lighthouse will disrupt production
- Will new Vietnam wage hinder competitiveness?
- How TAL Apparel is staying ahead of the game
- Ethiopia violence undermines sourcing strategies
- Digitisation to drive new apparel-making models
- Marks & Spencer top for modern slavery reporting
- Bangladesh garment workers rally for higher wages
- MAS Holdings shares commitment to sustainability
- H&M CEO named sustainability leader
- Gap to shutter all UK Banana Republic stores
- Africa-Med strategic sourcing review – comparing East Africa, North Africa and Turkey
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Apparel (GLOBAL) - Industry Report
- Global Sports and Fitness Wear Market 2016-2020