Footwear retailer the Dune Group, which comprises the Dune chain and the former Shoe Studio Group fascias, recorded a 17.4% rise in like-for-like sales over the Christmas period.
During the nine week period to January 2, 2010 like-for-like sales increased by 17.4% and sales for the group increased year-on year by 153%.
The retailer said in a statement that the “exceptional performance” was achieved despite delaying the start of the winter Sale by four days.
Margins during the period were maintained and the integration of The Shoe Studio Group “far exceeded expectations” according to the retailer and has now been completed.
The retailer said in a statement that “despite the macro economic uncertainties the group remains positive about the prospects for 2010.”
Shoe Studio, the former Baugur-backed footwear group, was bought out of administration by Dune executive chairman Daniel Rubin and chief executive John Egan in March last year.
The Dune Group comprises the Dune chain and Shoe Studio Group brands including Pied a Terre and Bertie, as well as more than 300 department store concessions.
No comments yet