Overcast Summers: Sales at lingerie chain surge to €3.46m, but losses continue - new adult toys
by:KISSTOY
2019-07-13
The big sales promotion at the Ann Summers store in brown Charles Town and Henry Street contributed to a substantial increase in revenue from Ann Summers's Irish retail businessup to €3. 46m last year.
"Our two new flagship stores in Brandon Charlestown and Dublin continue to be superior to other regions," said Ann Summers CEO Jacqueline Gold . ".
According to the new account, ansomers retail Co. , Ltd. increased its revenue by 15 PCsfrom €3m to €3. 46m -
Within 53 weeks as of the end of June 30.
Ceo ms Gold said in a statement accompanying her account that she was pleased to report sales growth for 15 PCs in the Irish sector and reduced operating losses for 24 PCs to 702,522 euros.
After paying interest of 73,718 euros, the company recorded
Tax loss of 776,240 euros
Down 28 pc on Pretax loss of €1.
Fiscal 2017 recorded 07 m.
The main activities of the business are sales of underwear, clothing and adult toys.
MS Gold says the group continues to invest heavily in its businesses in Ireland and the UK, including new IT infrastructure, major flagship stores and brand rebrandinglaunch -
"All of this is part of the long term --
A long-term strategy for developing our business ".
Gold MS added: "We continue to roll out our store renovation program in the UK and Ireland.
Stores on blancarstown and Henry Street opened on 2017 and 2016, respectively.