Fashion retailer New Look has revealed that in the 26 weeks to September 24th, revenue decreased 5% to £718.1 million, despite online sales rising 9.5% on its own website and third party sales increasing 21.5%.
Other figures show that sales fell 8.8% on a like-for-like basis in the UK and group sales decreased 8.4%.
Anders Kristiansen, chief executive, said: “Following a tough first quarter, trading conditions have remained extremely challenging through the second quarter.
“Whilst sales have been affected by external factors such as falling consumer confidence, we have held our gross margin stable in the quarter and seen good revenue growth online and internationally.
“We remain confident in our long term strategy and continue to make good progress against our strategic initiatives. Despite the challenges in the first half, we are excited and well-prepared for our peak trading period.”
