White Company and Charles Tyrwhitt owner Bectin may have seen profits falling in the year to March 2017, but the firm saw it as a successful year as sales rose and the profits drop was attributed to a one-off issue.
Westfield London’s much-talked-about extension will open in three phases starting in the spring with phase two not due until this summer and the entire £600 million extension to be open by the autumn.
In her first results announcement since taking over as CEO, The White Company chief executive Mary Homer reported sales growth and an operating profit rise at the UK-based company, although profit was only up by 2%.
The White Company (TWC) said it reached an online sales record in the week including Black Friday and Cyber Monday with the performance helped by a more robust platform. It did not say exactly how much it sold.
Sheffield’s Meadowhall continues to boost its luxury offer with an opening this month for Tag Heuer. The watch brand, for which Aurum Holdings is the franchisee, has opened only its fifth UK store in the mall.