The company, owner of lingerie brand Victoria’s Secret, posted a 7% revenues jump in the same period, compared to the 0.4% upsurge registered in fiscal 2017.
The fashion company, owned by British group Arcadia, has posted losses of 10.9 million pounds, burdened by an impairment on a fixed asset and provisions for onerous leases.
The American group, which also owns the Anthropologie and Free People chains, ended the period with sales of 855.7 million dollars (725.8 million euros) and a profit of 41.3 million dollars (35.03 million of euros).
The Shandong Ruyi-owned French group has continued to extend in the Chinese market, where consumption has speeded up again and premium and luxury players have new growth perspectives.
All economic news of the key fashion companies worldwide.