Edinburgh Woollen to expand by opening another 100 shops after posting record annual profit

Edinburgh Woollen to expand by opening another 100 shops after posting record annual profit

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The Edinburgh Woollen Mill is to open another 100 shops

The Edinburgh Woollen Mill is to open another 100 shops

The Edinburgh Woollen Mill, the company behind high street clothing chains, Peacocks, Jane Norman and Ponden Mill is to open another 100 shops after posting record annual profit.

The group, which also owns golfing brand ProQuip, has been buying chains and now has more than 1,000 shops across the UK after opening 71 during the year.

Based in Langholm, Scotland, it employs more than 10,000 staff in the UK and Ireland.

Pre-tax profit rose by 28 per cent to £91.2million for the year to February and the total sales rose 2 per cent to £562.6million. 

Steve Simpson, group commercial director said: ‘Each of our brands has its own core focus, but they are united in their determination to reward customer loyalty with quality, value for money and customer service.

‘Whether they are cost-conscious mums looking for family fashion or discerning shoppers seeking a more timeless sense of style, our customers know they can rely on us to deliver what the quality they want, at the price they want, both on the high street and online.’

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