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

USC posts pre-tax profit of £1.3m

Young fashion chain USC has returned to the black and recorded pre-tax profits of £1.3m for the year to January 31.

The clothing chain owned by entrepreneur Sir Tom Hunter has filed accounts at Companies House showing the chain’s return to profit after it posted a £9m loss last year. Turnover for the current year stood at £69m.

USC, which operates 39 stores in locations such as Manchester, Glasgow and Edinburgh, went into administration in December 2008 but was bought back by its owner, Hunter’s private equity firm West Coast Capital.

The chain offers premium street wear and denim brands such as Diesel, Replay and Miss Sixty.

 

Readers' comments (2)

  • £1.3M profit from a turnover of £69M? Lots of creative accountancy there I'm sure, as those figures are seriously unimpressive.

    Unsuitable or offensive? Report this comment

  • Better than a £9m loss though

    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.