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Christmas trading sees sales leap 14.7% at Robert Dyas

Published: 14 January 2013
The November 1 - December 24 trading period saw like-for-like turnover in stores increase by 12.9%, and a total of 14.7% when including online sales.
Christmas trading sees sales leap 14.7% at Robert Dyas
It was good news all round for Dyas' new owner Theo Paphitis, whose lingerie retailer Boux Avenue increased LfL turnover by 79.4% and Ryman by 2%.

Mr Paphitis said: "In what is a challenging retail and economic environment, I am delighted that all three of my retail businesses delivered a positive performance over the crucial Christmas period."

Plans for Robert Dyas, he added, included a continuation of its positive work in-store and online.

This week also saw the release of all three business' financial results for the year ended March 31, 2012. For Robert Dyas, operating profit was £1.6m, down from £2.8m the previous year. Trading since Mr Paphitis' acquisition of the business in July has been described as "excellent" and forecast for the financial year ending March 31, 2013, is for EBITDA to be more than £4.5m.

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