dearJulius.com Write For Us

JoJo Maman Bébé posts 20% sales growth ahead of US store rollout

SHARE:

Jojo Maman Bebe

By Barbara Santamaria, Fashion Network

British childrenswear brand JoJo Maman Bébé has posted a 20% increase in revenues to £57.5 million following strong demand from online shoppers.

In documents submitted to Companies House, the retailer said online sales increased by 39.8% in the year to 30 June 2017, contributing £18.2 million and accounting for a third of its revenues. Meanwhile, same-store sales in the UK grew by just 3.2%.

The maternity and babywear brand is preparing to roll out its first US stores this spring, an effort that dented profits by £500,000, the documents showed. It currently operates 85 stores in the UK, including eight new locations, and an online platform that serves global customers.

Pre-tax profits reached £3.9 million, compared to £3.6 million a year earlier. However, EBITDA climbed to £5.62 million from £4.99 million. The business finished the year with a cash position of £6.7 million, an increase of £2.4 versus the prior year.

COMMENTS



Note: If you think this story need more information or correction, feel free to comment below your opinion and reaction.
Like & Follow to Stay Updated ...

Name

Arts & Culture,6,Beauty & Style,358,Books,3,Career & Education,31,Food & Drinks,63,Home & Garden,28,Lifestyle,598,Mulberry signs eyewear license with De Rigo,1,Relationships,5,
ltr
item
Lifestyle - U.S. Daily News: JoJo Maman Bébé posts 20% sales growth ahead of US store rollout
JoJo Maman Bébé posts 20% sales growth ahead of US store rollout
https://1.bp.blogspot.com/-l2en7qo0UmI/WsuRpJXB4hI/AAAAAAAACc4/eu8tgP5PpBQzEkFndHjZYKHZzllA6DGxwCLcBGAs/s1600/Jojo%2BMaman%2BBebe.jpg
https://1.bp.blogspot.com/-l2en7qo0UmI/WsuRpJXB4hI/AAAAAAAACc4/eu8tgP5PpBQzEkFndHjZYKHZzllA6DGxwCLcBGAs/s72-c/Jojo%2BMaman%2BBebe.jpg
Lifestyle - U.S. Daily News
https://lifestyle.dailynews.us.com/2018/04/jojo-maman-bebe-posts-20-sales-growth.html
https://lifestyle.dailynews.us.com/
https://lifestyle.dailynews.us.com/
https://lifestyle.dailynews.us.com/2018/04/jojo-maman-bebe-posts-20-sales-growth.html
true
1341902202059699904
UTF-8
Loaded All Posts Not found any posts VIEW ALL Read More Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share. STEP 2: Click the link you shared to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy