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COMPARISON BRAND: BOUX AVENUE: HIGHLIGHTS AND STATISTICS

COMPARISON BRAND: BOUX AVENUE: HIGHLIGHTS AND STATISTICS:

Theo Paphitis Retail Group:

Christmas & Financial Year End 2017 Trading Statement

Highlights Christmas 2017:

  • Positive like-for-like sales delivered by the Theo Paphitis Retail Group for the Christmas 2017 trading period, being 6 weeks to 24 December: Growth of 1.7%; delivered through Ryman at 4.8%, Robert Dyas at 2% and Boux Avenue at -2.8%.
Financial statements - Year ended 1 April 2017:
Highlights: Last financial year end:
  • Boux Avenue growth and development of the brand continued, with sales reaching $49.4 million
  • Bout Avenue's 6th full year of trading in the UK, growing to a total of 29 stores in the UK, with the opening of Oxford store in October 2017. Commitment made to open in Nottingham in Spring 2018
  • Total UK sales increased by 11.2% to £49.4million, with like for like growth of 7% delivered particularly through continued online success
  • Investment continues with newly built warehouse and fulfilment facility in Crewe at a cost in excess of £3 million, now fully commissioned
  • New channels developed selling Boux Avenue product through other platforms in the UK and internationally 
References:
1. https://www.bouxavenue.com/customer-services/Trading-Statement.html

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