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Last Updated: Thursday, 4 January 2007, 07:38 GMT
Festive boost for House of Fraser
House of Fraser store logo
House of Fraser was taken over in August
Department store group House of Fraser has reported a strong trading performance over the Christmas period.

During the four weeks to 30 December, the firm saw a 7.3% rise in same-store sales compared with a year earlier.

House of Fraser, which has 60 stores across the UK, also said its profit margins were in line with expectations.

The company was acquired by a consortium led by Icelandic investment group Baugur for �351.4m ($686m) in August last year.

"These strong figures show that House of Fraser remains the customer's number one choice for designer brands," said House of Fraser.

Baugur now owns a number of UK High Street names, including the Iceland supermarkets, jeweller Mappin & Webb, and toy store Hamleys.


SEE ALSO
House of Fraser agrees Baugur bid
25 Aug 06 |  Business
House of Fraser bid talks advance
22 Aug 06 |  Business
House of Fraser sales 'difficult'
14 Jun 06 |  Business
House of Fraser in takeover talks
09 Jun 06 |  Business

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