Outdoor clothing and equipment chain Mountain Warehouse has said it is on track for record profits after it increased sales by 16.2 per cent in the 13 weeks to December 29th. Mountain Warehouse has close to 400 stores internationally – including 10 in the Republic and three in the North – and plans to open around 50 more this year. Total sales for the period were up 16.2 per cent to £95.8 million, while online sales increased by 21.6 per cent. Mountain Warehouse chief executive Mark Neale said: “I’m delighted to be reporting record Christmas trading for the 22nd year running, despite the snap election and some economic uncertainties around Brexit. “This puts us well on course for another record year and, as a result, we are continuing to invest in more stores, new territories and our online business.”

Source: The Irish Times January 06, 2020 08:37 UTC