ScS Group has seen LFL order intake up +2.9% for the 16 weeks ended 18th November 2017, and two-year LFL orders up +8.0% – chairman Alan Smith will report that the group has made "a good start to the financial year" in the company's AGM in Durham later today.

 

The core business has seen LFL order intake up +3.6%, and two-year LFL orders up +7.9%.

Its House of Fraser concessions, which represented 6.2% of group order intake in the period, saw LFL orders decline -6.4% against "very strong" comparatives, with two-year LFL orders up +10.0%.

With the opening of a new store in Chelmsford on Boxing Day, the group will trade from 101 ScS stores and 27 House of Fraser concessions.

"Whilst it is still early in the current financial year, the group continues to trade in line with our expectations," says Alan. "We believe the group’s increasing resilience and value proposition will enable us to manage the continued economic uncertainty and take advantage of opportunities.”