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Last Updated: Friday, 13 January 2006, 07:52 GMT
Strong Christmas sales at Liberty
Liberty store
Cosmetics, jewellery and menswear sold well for Liberty
West End department store Liberty has reported strong trading in its Christmas and end-of-year sales.

Sales in the six weeks to Christmas rose by 5.4% compared to 2004. The week leading up to Christmas Day produced sales up 20% on the year before.

Between Christmas and the New Year the momentum continued, with sales up 3%.

The store said it had not had to rely on discounting and the performance had been "underpinned" by sales of its new luxury own-brand collection.

Liberty said it hoped to complete the consolidation of its retail activities into its iconic Tudor building by April.

"While this is expected to reduce headline gross sales figures slightly, we are confident of the positive effect that this will have on both sales densities and profitability over the full year," said chief executive Iain Renwick.


SEE ALSO:
Mixed fortunes on UK High Street
12 Jan 06 |  Business


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