Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Christmas sales up at Dune as profits soar

Footwear retailer Dune has announced a 10.6% rise in sales for the six weeks to January 3, while full year profits increased by 74%.

Online sales over the festive season soared by 55%, while margin remained in line with 2013. Overall EBITDA for the period was £7.5m.

According to Dune founder and executive chairman Daniel Rubin, the “strong growth” has continued into the current financial year.

He added: “The group had its largest trading week in its history during Black Friday with truly exceptional demand despite promotions being the same as the previous year. However this did not impact on Christmas trade, which remained buoyant, helped by the colder weather which drove strong boot sales.”

Store sales were “slightly up” year-on year, but the “stellar performance” online drove the growth, according to Rubin.

During 2014 Dune opened two flagship stores on Oxford Street, as well as in New York, Mumbai, Dubai and Johannesburg. It also launched local websites in France, Germany and the US.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.