White Company holds its own


White Company holds its own

The White Company has posted its results for the 70 weeks to 3rd August 2019, saying that the extended period was taken in order to align its year end with that of its parent company. Admitting that it had been a turbulent period, the business posted a 26 per cent uplift in its group operating profit based on a comparable 52 week period to August 3rd as well as a group turnover rise to £217.4 million which represented a seven per cent increase.

The retailer had opened new stores in Southampton and Windsor, as well as two new concessions in Canterbury, Kent and Kingston, Surrey.  It has also commenced a wholesale relationship with Nordstrom in the USA and launched a website with Euro pricing.

CEO Mary Homer said: “In the context of the turbulent retail environment, growth has come from all channels, with positive like for like sales in retail being particularly encouraging. We have also made further strides internationally in line with our strategy. the investments we made in infrastructure, IT and moving to new headquarters have been instrumental in our growth. The performance of this current year is stable, which is encouraging in the current retail climate.”

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