Listed retailer issues further profit warning
Womenswear retailer Bonmarché has issued a profit warning as losses are expected to hit £5m to £6m for the year.
The Wakefield-headquartered firm this morning issued a trading update in which it said sales during the third quarter of the financial year were “below initial expectations.”
Bonmarché, which reported poor Christmas trading results, previously anticipated an underlying loss of up to £4m.
The retailer said it had seen sales slightly pick up during January and February after attempting to clear the residua... For the full story register now for free or login below...