Posted inEDITOR'S CHOICE, LEAD STORY, NEWS, UK
Fossil UK warns House of Fraser closures will affect future business as it reports another year of falling sales
Fossil (UK) Limited sales fell by 7% in 2017, the third year in a row of contraction. From a peak turnover of £152 million in 2014, the year that Michael Kors watches became a red hot ladies’ fashion accessory, group sales are now 24% lower at £115 million. Worse could still be to come, as […]