Department store controlled by Sanpower is revamping its branches and expanding into China,with like-for-like sales up 6.5% House of Fraser has reported a sharp rise in sales and profits after being boosted by investment from its unusual Chinese owners.
Like-for-like sales, which strip out gains from unusual store openings, and rose by 6.5% year-on-year in the half-year to 1 August.
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Source: theguardian.com