Monsoon chairman Peter Simon told the retailer's AGM this afternoon: 'I am pleased to report that total sales for the first 18 weeks of the year to October 2 were up 26 per cent, with like-for-like sales up 9 per cent. While this is encouraging, we are conscious that the important pre-Christmas trading period is yet to come.'
In July, the retailer recorded an increase in pre-tax profits of 15.4 per cent to£44.1 million for the year ending May 29.
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