Mosaic Makes a Better Picture of Profits

Summary


The owner of fashion chains including Oasis and Karen Millen looks set to meet profits hopes after an upturn in sales over Christmas.

Mosaic Fashions-majority-owned by Reykjavik-based retail investment group Baugur - said the "satisfactory" festive performance offset a tough autumn.

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Extract


Mosaic Makes a Better Picture of Profits

The group, which also owns the brands Coast and Whistles, cut its sales forecast for the year to the end of January...

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