Smiggle sales grew just 4.7 per cent in the January half
Just Jeans sales rose 14.3 per cent
Peter Alexander was the star perfomer, growing sales 14.1 per cent
Premier Investments is attempting to convince investors that Smiggle's days of strong sales and earnings growth have not come to an end, even though Brexit has blunted growth in the kids stationery brand's biggest market.
Premier Investments chief Mark McInnes has blamed "disastrous" retail trading conditions ahead of Britain's exit from the European Union for a sharp slowdown in Smiggle sales in the first half of 2019.
Loading...
Sue Mitchell writes the fortnightly Window Shopping column for the Financial Review and has covered retailing for over 30 years. Connect with Sue on Twitter. Email Sue at smitchell2045@gmail.com
