Dune founder and executive chairman Daniel Rubin had another successful year in 2016 as the business picked up Multiple Footwear Retailer of the Year at the 2016 Drapers Footwear Awards. Despite a challenging trading environment, Dune Group’s sales increased 1.3% to £150.9m for the year to 30 January, while like-for-like sales were up 2%. Profit after tax increased 8% to £4.7m during the year.
However, its operating profit fell 1.7% year on year to £6.6m after Dune invested in moving from a “pull” to a “push” model of buying and merchandising in its international business. In August, Dune continued its international expansion and opened its first store in New Zealand.