>>
Home / Knowledge / News / Fashion / House of Fraser online sales zoom 41% in FY'14
House of Fraser online sales zoom 41% in FY'14
15
Apr '14
House of Fraser, the UK and Ireland’s premium department store group, updates the market on its performance for the 52 weeks to 25 January 2014.
 
Financial highlights for the period include:
- Record sales up 3.6% on a like-for-like basis (excluding VAT) to £1.2 billion;
- Online sales (excluding VAT) increased 41%, representing 12.2% of sales;
- Continued House Brand sales and cash margin growth, up 13% and 20% respectively;
- Highest ever gross profit of £430.6 million, up £26.8 million;
- Gross profit rate of 36.14%, up 108 basis points on the previous year;
- Adjusted EBITDA of £60.2 million, up 8.3% on the prior year (2013: £55.6 million);
- Cash flow from operations up 30% or £15.0 million to £64.8 million (2012/13: £49.8 million);
- Net debt of £131.4 million reduced by £25.8 million (2013: £157.2 million) including year-end cash balances of £120.0 million (2013: £92.7 million) and un-drawn RCF of £85.0 million; and
- Pension deficit reduced by £26.3 million to £20.6 million (2013: £46.9 million), following the merger of the Group’s schemes.
 
Operational highlights for the period include:
- Further enhancement of the Group’s website, including a redesign of the site and other enhancements increasing conversion; an improved distribution proposition with market leading delivery options to customers homes and to our stores; and an expanded product offer with the introduction of many new brands;
- New House Brand launches including Corsivo, an Italian inspired mens formalwear collection, as well as range extensions, with particularly strong performances from Linea across womenswear, menswear and home, Dickins & Jones womenswear, Label Lab womens and menswear, and Howick menswear;
- A strengthened Premium branded proposition with new introductions including brands such as Boss womenswear and Hallhuber and rollouts of numerous brand and concession partners;
- Continued enhancement of store environments, driving positive overall like for like sales growth in stand-alone stores; and
- The opening of the Group’s first international store in Abu Dhabi.
 
Click here to view full results. 
 

House of Fraser


Must ReadView All

Pic: G7 Germany/Bundesregierung/Steins

Textiles | On 27th Jun 2022

G7 leaders launch $600 bn plan for global infrastructure development

G7 leaders have announced the Partnership for Global Infrastructure...

Pic: Shutterstock

Textiles | On 27th Jun 2022

IMF expects US economy to slow in 2022-23, narrowly avoid recession

The International Monetary Fund (IMF) expects the US economy to slow...

Pic: 123rf.com

Apparel/Garments | On 27th Jun 2022

China topples US in apparel retail market size during COVID-19

China displaced the US to gain top position in terms of apparel...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Global supply chain collapsed during the pandemic

Textile Industry, Head honchos

Textile Industry
Head honchos

Led by MMF, Indian apparel exports likely to double in next 3 years

Textile Industry, Head honchos

Textile Industry
Head honchos

Luxury is not just about high prices but ability to create desire

Dr. Ajay Sahai,

Dr. Ajay Sahai

Set up in 1965 by Ministry of Commerce, Government of India to focus the...

Atul Ganatra,

Atul Ganatra

<div>Engaged in providing a wide range of services to the entire cotton...

Dr. N Mohan,

Dr. N Mohan

Clarks Reliance Footwear Private Limited manufactures and retails footwear ...

Brad Holschuh, Wearable Technology Lab, University of Minnesota

Brad Holschuh
Wearable Technology Lab, University of Minnesota

A new study led by researchers at the University of Minnesota's Design of...

Karan Bose, Hula Global

Karan Bose
Hula Global

Hula Global, a leading isolation gown manufacturer in India, has been...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

Alvaro Mars, Label -  Alvaro Mars

Alvaro Mars
Label - Alvaro Mars

Alvaro Mars is designer of his eponymous and a non-binary brand that plays ...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

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

Leave your Comments

ESTEEMED CLIENTS

Shima Seiki Mfg. Ltd.
Tuyap Tum Fuarcilik Yapim A.S.
Gokaldas Exports Limited
Gloria Jeans
Rieter India Private Limited
Kern – Liebers Textile
Xtema - Thomas Lebherz Textilmaschinen
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Tchibo GmbH
Permoda(Koaj/Armi/Pronto/Bkul)
Recron Polyester from Reliance Industries Limited
DyStar India Pvt. Ltd
Savio Macchine Tessili S.P.A.
SHAHI Exports Pvt Ltd
Varner AS Retail
Comasia Limited
LC Waikiki
H. Stoll AG & Company KG
Itema Weaving (India) Private Limited
Thai Acrylic Fibre Company Limited
X-Rite Asia Pacific Limited (HK)
Phong Phu international JSC (PPJ)
The LYCRA Company Singapore  Pte. Ltd
Lenzing Aktiengesellschaft
Loris Bellini S.r.l.
EMBEE CORPORATION
Abit
International Sourcing Expo Australia
Aleph Srl
Babyshop
Lisa S.P.A.
Haelixa AG
T.T. Limited
Groz-Beckert East Asia LLP
Brückner Trockentechnik GmbH & Co. KG
Performance Days
Copenhagen Fashion Summit
TEXVALLEY MARKET LIMITED
China World International Exhibition Company Limited
Target Corporation (MN)
Midas Clothing Limited
DuPont de Nemours, Inc.,
KIABI
Indo Tex
Rayonese Textile Inc., Division de Culp Inc.
The Top Form Brassiere Manufacturing Company Limited
Sainsbury's Argos Asia Limited
Flainox S.r.l.
International Textile Manufacturers Federation
Datatex Consulting Srl
Aquarelle Clothing Limited
TESTEX AG, Swiss Textile Testing Institute
BRINKMANN GMBH
The LYCRA Company Singapore  Pte. Ltd
Sportswear Company Spa
Maceton Limited
Saurer Textile Solutions Pvt. Ltd.
Nandan Denim Limited
VNU Exhibitions Asia
Restoque S.A.
Lululemon Athletica Inc
Jiangsu Yingyang Nonwoven Machinery Company Limited
Sportmaster Ltd.
Lottmann Communications
GHCL LIMITED
Amazon China
Taiwan Textile Federation (TTF)
EUROVET ASIA LTD
Messe Frankfurt Exhibition GmbH
Hela Clothing Pvt Ltd
NITI Aayog
Inter Expo Center Ltd.
Istanbul Fuarcilik A.S.
GIOVANNI BOZZETTO S.p.A.
Lacoste (Wanchai)
Color Service s.r.l.
Equinox Impex India
Datacolor AG Europe
Truetzschler India Private Limited
Colours India Inc
FULGAR SpA
Coats Digital Limited
NV Michel Van de Wiele
USTER
Desigual - ABASIC, S.A.
Lectra Technologies India Pvt Ltd.
Bluesign Technologies Ag
Eastman Chemical Company
Rosset ;& Cia Limited
Green Fibre
Puma
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Calvin Klein
THE BOMBAY DYEING ;& MFG.CO. LTD
Shanghai  Aige Exhibition Service Co., Ltd
G-Star Raw C.V.
Alison Hayes Romania
Chori Company Limited
Page Industries Limited (Bangalore)
Dow Silicones Corporation
G.A.S. unternehmenskommunikation gmbh
Officina Meccanica Dora Enrico Srl
Vardhman Textile Ltd
Benetton Group
Meera Dyestuff Industries
BIMBA ;& LOLA SL
Esprit Europe Services GmbH
Chico’ FAS
OVS Hong Kong Sourcing Ltd.
K AND D ITMACH EXPOSITIONS LLP
John Varvatos
BTSR International S.P.A.
Tommy Hilfiger
Sateri (Jiujiang) Fiber Co.,Ltd
Recron Polyester from Reliance Industries Limited
CGS Inc.
Marzoli Machines Textile s.r.l.
Gap International Sourcing Limited
Bluestem Global Sourcing Limited
Woolmark Services India Pvt. Ltd.
APLF Limited
Asos
Zydex Industries
Stahl Holdings B.V.,
Eurofins BLC Leather Technology Centre Ltd
UBM China (Shanghai)
Tradewind International Servicing
Arvind Limited
PVH Corporation
IKEA of Sweden AB
Huntsman (Singapore) Pte Ltd
H;&M Hennes ;& Mauritz (Far East) Ltd
C;&A Sourcing International Ltd
Newtech Textile Technology Development (Shanghai) Company Limited
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Grasim Industries Limited
Nihalani Events Management
Palexpo SA
Walmart
IDH – The Sustainable Trade Initiative
Cat Tuong Real Estate Group Joint Stock Company
Seasalt Limited
Zünd Systemtechnik AG
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
COTTON COUNCIL INTERNATIONAL
Reiter India Private Limited
FESPA (Reigate)
Lifestyle
Alix Partners
N9 World Technologies Private Limited
Under Armour Global Sourcing Ltd
BIANCA
ZAITEX spa
Etam Group Strategy Hong Kong Limited
Helly Hansen Far East Ltd
IFF Media Ag - International Media Services
Infor (Hong Kong) Limited
Pt. Peraga Nusantara Jaya Sakti
CSGIA(China Screen Printing & Graphic Imaging Association)
Gatsby Africa
J ;& P Coats
IIGM Private Limited
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Karl Mayer Textilmaschinenfabrik GmbH
Lenzing Aktiengesellschaft - India
MAS Active / MAS Kreeda / MAS Bodyline
Landmark Group
Indofil Industries Limited - Specialty & Performance Chemicals Division
TÜYAP IHTISAS FUARLARI A.S.
KAS Direct Sourcing
Italian Trade Commission
Applied DNA Sciences Inc
Thai Trade Center
Decathlon
Weitmann & Konrad GmbH & Co. KG
JES MEDIA, INC
TESCO INTERNATIONAL SOURCING LIMITED
Vianney Textil Hogar S.A. De C.V.
GERBER TECHNOLOGY LTD.
Boardriders Asia Sourcing Limited
SYNERGIES HONG KONG LIMITED
BTC Textiles LLC
ITMA Services Pte Ltd
Mesdan SPA
Kornit Digital Asia Pacific Ltd
Hirdaramani International Export Private Limited
Aramark Uniform ;& Career Apparel, LLC
Guess Europe Sagl,
Splash
Groz-Beckert KG
Mayer & Cie. GmbH & Co. KG
Tory Burch Hong Kong Ltd
EPCH
Centric Software
Thermore (Far East) Ltd.
Messe Duesseldorf
Brandix Lanka Limited
Jindal Worldwide Limited

June 2022

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


Advanced Search