Bay Trading owner Alexon sees sales drop further

The owner of fashion brands Kaliko and Ann Harvey today said like-for-like sales were down 11% after trading became “increasingly challenging”.

Bay Trading owner Alexon sees sales drop further

The owner of fashion brands Kaliko and Ann Harvey today said like-for-like sales were down 11% after trading became “increasingly challenging”.

Alexon, which also operates as Bay Trading and Minuet, also reported weaker margins because of increased promotional activity and the need to control stock levels ahead of the key spring selling season.

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