Bonmarché posts drop in sales after 'challenging' fourth quarter

While online sales climbed by 31.2% in the 13 weeks to 31 March, like-for-like store sales dropped by 11.1%. This meant that in the full year to 31 March, like-for-like store sales were down 4.5% while online saw an uplift of 34.5%.

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Despite the fall in sales, Bonmarché said its full year pre-tax profit will be in line with expectations.

Whilst total sales for the year saw a small decline, Bonmarché said its gross margin percentage was resilient. The lower headline gross margin that…