Shop Direct increases full year profits


Shop Direct increases full year profits

Shop Direct has posted an increase of 3 per cent in its sales for the year to June 30th. Total sales grew to £1.8 billion with Very accounting for £850 million. Pre-tax profits for the business were up by 78 per cent at £71.7 million during a year which saw it ditch its Littlewoods catalogue and shutter the Woolworths, Isme and K&Co brands. The business had invested heavily in data and personalisation and focused on its mobile capabilities during the year.

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