Womens fashion retailer Bonmarché has seen its full year pre-tax profit decline by 22.9% to £9.6 million following difficult trading conditions.
In the 52 weeks to 26 March total revenue grew by 5.3% to £188 million while store like-for-like sales edged up 0.7%. Online sales increased by 3.6%.
Bonmarché said the results reflected the challenging trading experienced throughout both the winter and spring seasons, which impacted normal footfall patterns and consumers' appetite for buying from the new seasonal ranges.
Beth Butterwick, chief executive of Bonmarché, said: "Bonmarché's performance for the year has been achieved amidst the difficult trading conditions widely reported across the retail sector. We have emerged from this period with a clear focus on our five key strategic pillars for growth.
“With significant improvements for the benefits of our customer, we are focused on driving our modernisation plan over the coming year. We firmly believe that with its unique position as a niche retailer, focused on catering for the mature female demographic, Bonmarché is well placed for the future."
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