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Clothing Sales Boost Tesco

By FashionUnited

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Fashion

Supermarket chain Tesco posted a 21.3 per cent jump in first half pre-tax profit on Tuesday as it was boosted by surging apparel sales.The chain said its profits in the six months to August 9 jumped to £661 million as group sales rose 17 per cent year-on-year to £14.9 billion. Chief executive Terry Leahy said he was delighted with the results and described his firm as the fastest growing clothing business in the UK.

Terry Leahy
Tesco