Bonmarche news and archive

Bonmarché warns of 'worse' trading conditions ahead

Taking a cautious approach to its forecast and assuming that sales will not show any significant improvement before the end of March 2019, Bonmarché now estimates that underlying PBT will be in the range of breakeven to a loss of 4 million pounds for the current financial year. The company said, mid-point of this range corresponds to a store LFL...

Report

Bonmarché H1 profit declines, store like for like sales drop 4 percent

Total revenue at Bonmarché for the first half period was 97.9 million pounds (126 million dollars), which the company said was in line with H1 FY18, while combined like for like sales declined by 1 percent; store-only like for like sales were down 4 percent. Underlying profit before tax reduced to 3.3 million pounds (4.2 million dollars) against...

Report

Bonmarché blames challenging retail conditions for profit warning

In light of the recent downturn in store trading, the board of Bonmarché Holdings has reviewed the company's forecasts for the remainder of FY19. The company said in a statement that while online sales are expected to grow at least at the rate seen recently, however, due to the uncertainty regarding high street footfall, it is reducing the store...

Report

Bonmarché Q1 comparable store sales drop 1.2 percent

For the 13 week period ended June 30, 2018, women’s value retailer Bonmarché said sales grew by 2.7 percent against the corresponding period in FY18; while online sales grew by 27.3 percent. However, store only like for like sales declined by 1.2 percent. The company said, comparatives for these figures were strong, with the online growth in Q1...

Management

Bonmarché posts 27 percent increase in annual profit

Reporting its preliminary results for the 52 week period ended March 31, 2018, Bonmarché said, the group's profit before tax was 8 million pounds (10.5 million dollars), a 1.7 million pounds (2.2 million dollars) or 27 percent increase on the FY17 underlying PBT of 6.3 million pounds (8.3 million dollars). Total sales for the year declined to...

Report

Bonmarché sees 4.5 percent drop in full year same-store sales

Updating on its performance for the 52 weeks to March 31, 2018, Bonmarché, said that, reflecting the good progress achieved during the financial year, the FY18 profit before tax will be in line with the board’s expectations. While total sales for the year declined 0.5 percent with store only like-for-like sales dropping 4.5 percent and 1.5...

Report

Bonmarché reports 5.5 decline in Q3 sales

Bonmarché has announced that sales for the 13 weeks ended December 30, 2017 decreased by 5.5 percent against the corresponding period in FY17. Store LFL sales also decreased by 9.7 percent but online sales increased by 28.5 percent. Sales for the 39 weeks, increased by 0.9 percent; store LFL sales decreased by 2.8 percent, while online sales...

Report

Bonmarché posts rise in H1 sales and profit

Bonmarché has announced that the results for the first half of the FY18 financial year showed an improvement compared with the corresponding period last year, with underlying PBT increasing to 4.2million pounds (5.5 million dollars) from 2.5 million pounds (3.3 million dollars) and the PBT margin increasing to 4.3 percent from 2.6 percent. The...

Report

Bonmarché like-for-like sales improve 4.2 percent

Total sales at Bonmarché for the 13 weeks ended July 1, 2017 increased by 7.6 percent against the corresponding period in FY17. The company’s store like-for-like sales improved 4.2 percent and online sales increased by 39 percent during the period under review. Commenting on the update, Helen Connolly, Chief Executive Officer of Bonmarché said...

Fashion Featured

M&S, Bonmarché & Nygård urged to compensate Cambodian workers

London - Marks & Spencer, Bonmarché and Nygård are being called upon step forward and take responsibility for the compensation of 208 workers in Cambodia, who were left without jobs or salaries following the sudden closure of a garment factory. On July 1, 2016, 208 garment factory workers at the Chung Fai Knitwear Factory in Phnom Penh,...

Management

Bonmarché FY17 sales and profit drop

Total sales for the 53 weeks ended April 1, 2017 at Bonmarché decreased by 0.5 percent to 228.1 million pounds (291 million dollars) compared with the same period ended April 2, 2016. The company’s store LFL sales decreased by 4.3 percent or 4.7 percent on a 52-week basis, while online sales grew by 2.2 percent. The Group's profit before tax was...

Report

Bonmarché like-for-like sales decline 0.5 percent

Sales at Bonmarché for the 14 weeks ended April 1, 2017 increased by 2.7 percent against the corresponding period in FY16. Store LFL sales decreased by 0.5 percent, while online sales increased by 15.2 percent. Sales for the 53 weeks decreased by 0.5 percent; store LFL sales decreased by 4.3 percent but online sales grew by 2.2 percent....