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Liberty trading warms up thanks to Hermes scarves
9 Nov 2009Trading at the famous Liberty store on Regent Street picked up in September thanks to its Hermes “pop-up store”, which boosted takings at its scarves department despite the unseasonably warm weather.
Hermes proved a welcome boost after a slow couple of weeks at the end of August and now the store is doing better overall than at this time last year.
The upbeat assessment of Liberty follows its strong trading in the first six months of the year. Its Liberty of London clothing range and ladieswear in general had a strong summer.
Liberty is owned by MWB, the quoted investment group of Richard Balfour-Lynn, which also owns the Malmaison and Hotel du Vin hotel chains as well as the MWB Business Exchange serviced offices in London.
The group said all divisions were trading in line with forecasts.
It added that it was considering ways of strengthening its financial structure.
