Home / Knowledge / News / Textiles / Carpetright Chief pleased with improved H1 performance
Carpetright Chief pleased with improved H1 performance
03
May '10
Carpetright plc, Europe's leading specialist carpet and floor coverings retailer, announces an update on trading for the12 week period to 24 April and the second half of the financial year.

Highlights for the 12 week period from 31 January 2010 to 24 April 2010:

• Group sales rose by 4.9%1 and the store base decreased to 7032 at the period end.
• UK and Republic of Ireland sales rose by 6.8%, with like-for-like sales3 up 1.5%.
• A net eight stores have been closed, decreasing the total to 5862.
• In constant currency terms, in our continuing business in the Rest of Europe (The Netherlands and Belgium) total sales increased by 0.9% with like-for-like sales up 1.6%. After allowing for the movement in exchange rates, this translates to a total sales decline of 3.1%. The number of stores remained constant at 117.
• Our announced withdrawal from trading operations in Poland has been concluded successfully.

Lord Harris of Peckham, Chairman and Chief Executive, said:
“UK market conditions have continued to be difficult. Since our last trading update on 23 March, sales have been slightly below our expectations and we anticipate the year ahead to remain challenging.

“Our businesses in The Netherlands and Belgium continue to trade well and have now returned to like-for-like growth.”

Carpetright plc


Must ReadView All

Textiles | On 19th Sep 2017

Karl Mayer expands service operations in Asia

Karl Mayer, a world leader in the production of warp knitting and...

Textiles | On 19th Sep 2017

Welspun bags Made in Green label by Oeko-Tex

Welspun, a leading home textiles manufacturer, has been awarded Made...

Courtesy: SGS

Textiles | On 19th Sep 2017

SGS expands testing facilities in Naucalpan, Mexico

SGS has expanded testing facilities in Naucalpan, Mexico, creating a...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search