Dune London has enjoyed a good start to the year off the back of a bumper 2017, when it recorded sales uptick across the board.
The British footwear retailer recorded an increase in like-for-like retail sales of 6.5 per cent for its autumn/winter season and a 5.2 per cent uptick for its full-year period ending January 27.
Retail sales for its Christmas trading period, the six weeks to December 30, were also up 7.2 per cent on a like-for-like basis, driven by growth across all retail channels: stores, concessions and especially online.
Dune added that sales during January have “continued to be strong”, rounding out what has been a good year in the UK despite a challenging retail environment.
It said international growth has been robust, and sales at retail in overseas markets
now represent 26 per cent of sales.
“Our strong results over Christmas and throughout 2017 are testament to the hard work of our teams and our strategic investments in product, our omni-channel proposition and brand marketing,” executive chairman and founder Daniel Rubin said.
“Our focus on delivering exceptional customer service and offering a point of difference at great value has proved popular with our customers and we have successfully maintained our gross margin despite the impact of sterling’s relative weakness during much of the
year.”
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