Mountain Warehouse news and archive

Mountain Warehouse posts record festive sales

Outdoor retailer Mountain Warehouse has defied the high street and reported record Christmas trading, with sales rising by nearly 12 percent to 84.7 million pounds in the 13 weeks to January 6. The group, which specialises in outdoor clothing and equipment, stated that it served more than three million customers during the 13-week festive period...

Management

Mountain Warehouse defies retail gloom as sales increase 22 percent

London - Outdoor apparel retailer Mountain Warehouse has been able to defy the current retail 'doom and gloom' climate, as the privately-held company reported its 21sy consecutive year of revenue growth. Mountain Warehouse saw its sales jump 22 percent to 225.3 million pounds in the year to February 25, 2018, as like-for-like sales were up 14...

Report

Mountain Warehouse's like-for-like Christmas sales soar 33.1 percent

Mountain Warehouse reported 33.1 percent jump in its like-for-like sales, while sales from its online platform rose 76.6 percent, reports The Retail Bullentin. The company said that it catered to almost 1.5 million customers during the festive season. The company’s international sales also increased 43 percent. The outdoor clothing and equipment...

Management

Mountain Warehouse posts 28.8 percent jump in Christmas sales

Mountain Warehouse’s Christmas sales increased 28.8 percent in the six-weeks to January 1, 2017. The group, which specialises in selling outdoor clothing and equipment, reported like-for-like sales growth of 13.6 percent, with online revenue increasing 31.8 percent. The company’s pre-tax profit was 16.2 million pounds (20 million dollars) in the...

ManagementFeatured

Mountain Warehouse warms up for 200 million IPO with increased presence in the US

British outdoors apparel firm Mountain Warehouse is working steadily to expand its presence in the US and Canada, with a view to appear more attractive for its upcoming Initial Public Offering (IPO) of shares. In fact, the company’s CEO Mark Neale has unveiled his plans to grow its overseas presence to “half of the business”, in comparison to...

Retail

Mountain Warehouse considers stock market flotation

London - Outdoor outfitter Mountain Warehouse is examining a stock market float that could value its company at more than 200 million pounds. Mark Neale, 48, who started the chain with one store in Swindon in the late 1990s, is understood to have hired investment bankers from Rothschild to advise on a fundraising. It would be the first float of...