Loughborough fashion retailer doubles profits but sounds Brexit warning

Selective Marketplace, the Loughborough fashion firm behind the Wrap and Poetry brands, has reported a rise in turnover and profit the year ending 31 December 2017. Turnover rose from £33.8m in 2016 to £40.3m last year with profits before tax more than doubling from £2.9m to £6.6m. While the firm is upbeat in its latest accounts, it sounded a word of caution over Brexit. A statement signed off by directors said: "The business is in a strong position with strong brands and a robust balance sheet. Looking to the future, the pr... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
Close