86
Fashion Jobs
SHISEIDO
K-Key Account Lead
Permanent · HO CHI MINH CITY
ADIDAS
Senior Director Product Creation Ftw
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Corporate Affairs & Reputation Manager - Corporate Affairs & Engagement
Permanent · HO CHI MINH CITY
JO MALONE LONDON
Education Manager, Jml/lm
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Senior HR Operations Executive/ Assistant Manager
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager (Franchise)
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Commercial, Adigolf, Vietnam 1
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager 1 (Franchise)
Permanent · HO CHI MINH CITY
COLUMBIA
lo Costing & Engineering Manager
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Category Manager - Cpd
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Business Planning Manager - Cpd
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager Product Creation (Sportwear)
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Product Manager - Shu Uemura
Permanent · HO CHI MINH CITY
ADIDAS
Manager, Quality Product Integrity
Permanent · HO CHI MINH CITY
TAPESTRY
Manager, Manufacturing Engineer
Permanent · HO CHI MINH CITY
SPECIALIZED
Painting Quality Engineer - Bình Dương, Vietnam
Permanent ·
ON RUNNING
Social Compliance Specialist - Hcm Based
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Sourcing Operations
Permanent · HO CHI MINH CITY
WILLIAMS SONOMA
Wood Sustainability Specialist - (Global)
Permanent · THUẬN AN
PUMA
Manager Quality Apparel & Accessories
Permanent · HO CHI MINH CITY
PUMA
Senior Executive, Finance
Permanent · HO CHI MINH CITY
PUMA
Head of Quality Footwear
Permanent · HO CHI MINH CITY
Published
May 29, 2019
Reading time
2 minutes
Download
Download the article
Print
Text size

Pep&Co fashion offer helps drive Poundland sales higher

Published
May 29, 2019

The Pep&Co fashion offer helped owner Pepkor in the second quarter as the label’s presence in the UK’s Poundland stores drove sales higher.


Pep&Co



Pepkor Europe, which also owns the Pepco and Dealz chains in mainland Europe, said Poundland revenues rose 3.1% in Q2 (the three months to March 31), which was much better than the first-half rise. Sales for the first six months of the financial year rose only 1.6% to €920 million.

“Poundland continues to outperform the wider UK high street,” the retailer said, citing the differentiation that its Pep&Co clothing concessions bring to the chain. Its fashion offer is now in around 300 branches out of its 875-store total. And it continues to tweak that total as it exits underperforming shops, relocates some stores to bigger spaces and opens new ones.

Pepkor as a whole saw first-half sales of €1.7 billion, a hefty 14.2% increase that was helped by the firm’s central Europe expansion drive.

CEO Andy Bond said: “Pepkor Europe is rapidly developing into a strong, geographically well balanced pan-European variety discount retailer. The strength of the group’s trading performance in the first half year reflects our market-leading positions within a core discount segment accessed by an increasing number of customers.”

And he expects that as the company grows bigger, its size will help it disproportionately on the profits front. “With the benefit of scale leverage in Pepco and targeted efficiency improvements within Poundland, profit growth in the half-year will be stronger than the revenue growth reported today,” he added.

Copyright © 2024 FashionNetwork.com All rights reserved.