×
81 687
Fashion Jobs
ESTÉE LAUDER
Keyholder - The Cosmetics Company Store - 20 Hrs - Leesburg Corner Premium Outlets - Leesburg,va
Permanent · Leesburg
ESTÉE LAUDER
Senior Financial Analyst, Finance North America, Mac
Permanent · New York
ESTÉE LAUDER
Director, HR Business Partner, na
Permanent · New York
MICHAEL KORS RETAIL INC
ft Sales Supervisor - Aventura, fl
Permanent · West Palm Beach
ABERCROMBIE AND FITCH CO.
Director, Digital Product Management (Remote)
Permanent · Columbus
BANANA REPUBLIC
General Manager - Woodbury
Permanent · Woodbury
BANANA REPUBLIC
General Manager - Norfolk Premium
Permanent · Norfolk
AIIR PROFESSIONAL
Brand & Digital Manager
Permanent · SCOTTSDALE
L'OREAL GROUP
Asst Mgr/Mgr - Brand Business Development & Sales Analytics
Permanent · New York
MACY'S
Manager, Asset Protection
Permanent · Roseville
MACY'S
Asset Protection Detective, State Street - Full Time
Permanent · Chicago
MACY'S
Asset Protection Security Guard, San Francisco Union Square - Full Time
Permanent · San Francisco
MACY'S
Asset Protection Officer, Bailey Road - Part Time (3840)
Permanent · North Jackson
MACY'S
Asset Protection Officer, Secaucus - Part Time (3840)
Permanent · Secaucus
MACY'S
Asset Protection Detective, Green Acres - Full Time
Permanent · Valley Stream
MACY'S
Asset Protection Officer, West Virginia - Full Time (2840)
Permanent · Martinsburg
MACY'S
Asset Protection Hourly Supervisor, West Virginia - Full Time (2840)
Permanent · Martinsburg
MACY'S
Asset Protection Officer, Secaucus st fj - Part Time (2840)
Permanent · Secaucus
MACY'S
Asset Protection Detective, Mall at Robinson Town Center - Full Time
Permanent · Pittsburgh
MACY'S
Asset Protection Security Guard, Newpark - Part Time
Permanent · Newark
MACY'S
Asset Protection Officer, Hayward - Part Time (3840)
Permanent · Hayward
MACY'S
Asset Protection Officer, Portland - Part Time (2841)
Permanent · Portland
Published
Jan 15, 2021
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Space NK sales and profits rose pre-Covid

Published
Jan 15, 2021

Space NK has reported turnover for the year to March 28 2020 rising to £125.7 million from £108.9 million in the previous year. It said its sales growth was driven by a “strong performance in the retail online and wholesale channels”.


Space NK



And the company’s profit on an EBITDA basis edged up to £7.8 million from £7.5 million. Meanwhile, net profit rose to £2.6 million from £2.3 million.

But it said that due to the effects of the pandemic – which began to kick in at the very end of the period in question – the future outlook is expected to see “a migration of sales towards the online retail channel, while physical stores are expected to see subdued sales and profitability”. 

As mentioned, towards the end of the period, its retail stores were forced to close due to government regulations and these closures, plus change in consumer behaviour, have understandably continued to have an impact on its retail sales into its new financial year. That said, online sales have partially compensated for the decline in retail store turnover. And it added that its wholesale division has been less affected by the impact of Covid-19.

But the pandemic crisis has forced it to take a good strategic look at the business and during the last year it closed its Lipstick Queen brand and then sold it last September.

Copyright © 2022 FashionNetwork.com All rights reserved.