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Jacques Vert to invest in online after return to profit

Jacques Vert, the womenswear retailer which owns the Jacques Vert, Precis Petite, Planet and Windsmoor chains, will relaunch its websites and roll out a series of concession refits this autumn following a surge in profits.

The retailer, which operates separate transactional websites for each chain, will relaunch the sitesin September as part of a £3m investment in its IT infrastructure. All sites will have additionalfunctionality including video and interactive images.

Jacques Vert chief executive Paul Allen said the sites would be built on new platforms that give the retailer the potential to launch websites overseas. “We are likely to begin with Canada and the Republic of Ireland, where we already have a brand presence, in early 2011,” he said.

The retailer will also roll out refits across all concessions of all its fascias within the next year to reflect the younger, more contemporary styling of the product. The refits will begin with the Planet concessions, which will be overhauled in time for autumn 10.

Jacques Vert paid a dividend to shareholders for the first time in 15 years after reporting a swing to profit of £5.1m before tax for the year to April 24, up from a loss of £2.9m the previous year. Retail sales rose 4% to £115.3m, with like-for-likes up 2.8%.

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