Fashion business Hobbs, which is owned by The Foschini Group (TFG), has posted sales of £135.4 million for the year to March 30th 2019 up from £132.6 million the previous year. It generated a pre-tax profit of £6 million as compared with a loss of £4.7 million which had included one-off costs relating to its 2017 sale to TFG.
During the past year Hobbs opened a further 33 concessions, 23 of which are in the UK, bringing the total number of concessions to 172 plus 77 standalone stores.
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