Sales rose to £248 million ($346 million) from £236.1 million ($329.8 million) last year. However, U.K. retail like-for-likes rose 2 percent in the year, due to the strength of its womenswear offer.
Licensing performed well, with strong growth in "fcuk"-branded toiletries ranges.
"The results for last year are disappointing and, to a large extent, are a reflection of the impact on fashion markets of the downturn in the major world economies and in particular the U.S. market," says Stephen Marks, chairman. "Behind the gloomy headlines however there are some encouraging elements in our performance."
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