Belfast Telegraph

Alexon slump shows a struggling high street

The owner of chains Kaliko and Ann Harvey have highlighted more pain on the high street after revealing sales slumped during August.

Alexon said same-store sales fell 9% in August and that it now expects its full-year profits to be "well below" expectations. The board said it was considering selling the company as one of a number of options to restructure the struggling retailer.

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