Karen Millen’s losses at Irish division narrow to €300k

PRE-tax losses narrowed at the Irish arm of fashion retailer, Karen Millen to €300,000 last year, new figures show.

Karen Millen’s losses at Irish division narrow to €300k

Accounts filed with the Companies Registration Office by Karen Millen Ireland Ltd show that pre-tax losses reduced to €300,000 to the end of February 2011 after the firm recorded a €5.3 million loss in fiscal 2010 after a €5.2m write down.

According to the directors’ report, against the background of a difficult retail environment, total sales for the 56 week period amounted to €10.8m — a 2% rise on the €10.6m in sales for the comparative 52 week period.

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