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Fenwick sales rise as profits slip

Department store group Fenwick has revealed a robust set of full year results.

In the year to January 30, Fenwick reported that net sales which include concession partners’ sales grew to £363.4m, versus £350.3m the year before.

However, pre-tax profit was £35.6m, down from £41.8m in 2008, according to documents filed at Companies House.

The directors of Fenwick said they believed the environment would “continue to be competitive” but that they remained “confident in the future of the group”.

Fenwick operates 10 department stores, including Bentalls in Kingston upon Thames and Bracknell in Berkshire and Williams & Griffin in Colchester, Essex.

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