Theo Paphitis Retail Group:

Christmas & Financial Year End 2017 Trading Statement

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