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Fortnum & Mason's Performance Indicates Resilience Of Premium Positioning

Published on Dec 3 2019 8:19 AM in Retail tagged: Featured Post / London / Fortnum & Mason / GlobalData / Paywall

Fortnum & Mason's Performance Indicates Resilience Of Premium Positioning

A leading retail analyst has said that the full-year performance of upmarket retailer Fortnum & Mason, which saw profits rise 26% in the full-year to July 14, indicates the resilience of trading at the upper end of the market.

Emily Salter, retail analyst at GlobalData, was commenting as Fortnum & Mason posted a 12% increase in sales, to £138 million (€161.6 million), with its Piccadilly flagship in London seeing a 6% increase.

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