Hobbs reports surge in sales at Christmas
(City A.M. (UK) Via Acquire Media NewsEdge) HOBBS, the upmarket womenswear chain, enjoyed a surge in sales over the Christmas trading period, boosted by a record online trading.
The chain said total sales rose 16.4 per cent in the 10 weeks to 5 January, driven by a 60 per cent jump in online sales. That compared with a six per cent rise in store sales.
Chairman Iain MacRitchie said the retailer achieved good growth across all labels and channels, "despite a tough trading environment".
(c) 2013 City A.M.
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