The Range plunges to loss but expects ‘sustained growth’ from now on
Retail Gazette
NOVEMBER 11, 2023
The Range’s plunged to a £11.7m loss as sales fell more than 10% in its last financial year. Revenues still represented a 26% rise on its pre-pandemic levels, with a 17.3% jump in like-for-likes, in the year to January 2023. Despite the profits drop, The Range said the year represented a return to a more stable period of trading, following heightened demand during the pandemic.
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