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

Sales and profits up at QS

QS saw like-for-like sales in the first two weeks of the year rise by 24%, while pre-tax profits in December rose by £3.6 million compared to the previous year.

Total sales at QS, which is being rebranded to Store 21, rose 7% to £13.7m in December compared to last year and like-for-like sales were up 5.4% during over the month.

QS chief executive Anupam Jhunjhunwala said: “We are able to weather these challenging times largely due to our existing customers and new footfall from customers looking for great value, style and quality. Our turnaround has been made possible by the support of our parent group in India, the Alok Group, and their continued support will ensure we maintain this momentum.”

He added: “We have been able to deliver this because of the excellent partnerships established with our suppliers and it is our intention to continue to build on these relationships and also to introduce new suppliers to our business. Our message is loud and clear – we offer great style, fashion and quality – and we will offer these at incredible value prices and surpass expectations.”

QS made a loss of £27.5m for the year to March 29, 2008.

Readers' comments (2)

  • I wonder if the quality will be as good now they have made key members of staff redundant?

    Unsuitable or offensive? Report this comment

  • My Job as a sales assistant in one of the qs stores had just been made redundant as well as 4 others there no ood at all.

    Unsuitable or offensive? Report this comment

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.