Total revenues at Bonmarche rose by 5.3% to £188m in the year to 26 March. Store like-for-like sales increased 0.7% and online sales rose by 3.6%. In line with revised expectations, pre-tax profits fell to £9.6m.
Chief Executive Beth Butterwick said: “Bonmarche’s performance for the year has been achieved amidst the difficult trading conditions widely reported across the retail sector. We have emerged from this period with a clear focus on our five key strategic pillars for growth. With significant improvements for the benefits of our customer, we are focused on driving our modernisation plan over the coming year. We firmly believe that with its unique position as a niche retailer, focused on catering for the mature female demographic, Bonmarche is well placed for the future.”