Boux Avenue news and archive

Boux Avenue's losses widen to 10 million pounds

For the financial year ending December 31, 2018, Boux Avenue Limited reported fall in turnover as well as operating profit. While revenues dropped from 49.4 million pounds to 47.4 million pounds with 3 percent decrease in like-for-like sales compared to 7 percent increase last year, operating loss widened to 9.9 million pounds from just 3.8...

Management

Boux Avenue reports sales growth in challenging market

Lingerie brand Boux Avenue reports total UK sales increased by 11.2 percent to 49.4 million pounds in its sixth full year of trading in the UK. In the year ending April 1, 2017, Boux Avenue saw like-for-like growth of 7 percent, which it states was delivered through “continued online success”, which grew by more than 30 percent. However, the...

Business|INTERVIEW Featured

Theo Paphitis: Boux Avenue has “come of age”

Lingerie brand Boux Avenue has come a long way since launching five years ago, with chief executive Theo Paphitis declaring that the high street brand has “come of age,” and ahead of its busiest time of year Christmas, FashionUnited caught up with him at the brand’s festive campaign launch party to discuss the retailer’s success and ambitions,...

Report

Boux Avenue reports 16.6 percent rise in holiday sales

Boux Avenue, a part of Theo Paphitis Retail Group having 28 stores in the UK, saw like for like sales during the Christmas period, increase 16.6 percent, accelerating from 8.9 percent last year. Commenting on the trading, Theo Paphitis, the group's owner, said in a statement, “Once again, we observed the further shift of our customers to...