UK women's wear retailer Jacques Vert Plc today (22 September) said like-for-like sales at its Jacques Vert, Windsmoor, Planet and Precis brands have fallen 7% in the first 21 weeks of the current financial year.

Speaking at the group's annual general meeting, chairman Steve Bodger said gross margins were slightly ahead of the same period last year.

He added that the trading environment since the company announced its preliminary results on 8 July "has worsened" and it "remains cautious for the remainder of the year."