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Matalan sales boosted in Christmas run-up

Posted:
18 January 2012 10:08

Out-of-town fashion and homeware retailer Matalan has celebrated the success of its Christmas television advert as it revealed a surge in sales in the run-up to the festive period.The 190-strong chain said like-for-like sales in the five weeks to December 31st increased 9.9%, up from 1.3% in the 13 weeks ...read more

Jobs go as fashion stores close

Posted:
21 July 2011 09:57

Life & Style Retail, the fashion chain formed following last year's collapse of Ethel Austin, has been forced to shut 12 stores, making 181 staff redundant.The company, which ran 91 stores across the UK, has made 440 staff redundant since they entered administration on June 10th, a spokesman for the ...read more

Matalan sees profits rise as CEO steps down

Posted:
21 October 2010 09:45

Matalan has reported a 13% rise in first half profit and said that chief executive Alistair McGeorge was stepping down after four years at the helm.Finance director Paul Gilbert has been appointed acting chief executive as the search for his replacement begins. The retailer recently abandoned a sale process and ...read more

Primark poaches Matalan director

Posted:
03 August 2010 10:06

Primark has poached Matalan's buying director John Lyttle, who will become chief operating officer at Primark, effectively the second in command to chief executive Paul Marchant, who was appointed a year ago. His appointment follows that of former Marks & Spencer director Julian Kilmartin as buying and merchandising director and ...read more

Earnings rise at Matalan

Posted:
29 July 2010 09:55

Budget fashion retailer Matalan said it is "well placed to grow" after seeing a rise in first quarter earnings. Underlying pre-tax profits rose by 1.7% in the three months to May 29th to £41.4 million. Sales at stores open for more than a year increased by 3%.In a statement Matalan ...read more

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