Drapers has reported that operating profit at British brand Paul Smith has increased by 72% to £5.7m for the year to 30 June 2019, despite challenging market conditions.
Turnover rose 8.9% to £215m, compared with the same period in 2017/18. This was a result of continued investment in new shops, business systems and promotional activities during the year.
Wholesale sales to franchise partners, department stores and selected multi-brand shops and online retailers worldwide increased by 4.8% to £79.9m.
To read the Drapers article in full click here.
To find out more about the Prima Solutions and Paul Smith partnership, visit our website here
Visit the Paul Smith website here
More news
Each year we support several fabulous organisations who help make a positive difference to the lives of others. In addition to the charities we […]
The Youth Employability Support (YES) project, is a collaboration of nine organisations across Leicester and Leicestershire aiming to […]