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Yours Clothing back in the black

Plus-size womenswear retailer Yours Clothing has returned to profit for the first half of its financial year.

In the six months to 30 July, the business made a profit before tax of £5m, compared with a pre-tax loss of £1.8m for the full year to 25 January. Audited like-for-like profit figures for the first half of 2016 are not available.

Sales for the first half of this year were up 22% to £41m and gross margin increased 3.9 percentage points.

During this period, Yours Clothing opened 16 new stores, launched its German website, created a new app and added a new ”reserve in store” feature, which allows customers to search store stock online and reserve the item for collection within an hour.

The business opened its 130th store, in Bromley, on 1 December.

Resh Dorka, chief operating officer at Yours Clothing, said: “Our stores are an integral part of our business as spaces to showcase our products, and offer the excellent in-store service we know our customers really value. Our strong first-half performance demonstrates the excellent momentum in the business and the increasing recognition of Yours as a go-to destination for great-fitting, excellent-value, fashionable plus-size products.”

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