Investment Proposition
Well positioned for sustainable growth
Fundamentally, our reasons to invest have changed very little since the business was floated. They continue to reflect our shared values and our
latent business strengths.
-
A brand appealing to a wide range of consumer segments, with potential for significant market share gains in a large, fragmented market.
-
A distinctive and specialist offer – quality, value, and style from a product portfolio that is largely own brand and sourced from long-term committed suppliers – available to browse, buy, and fulfill across channels.
-
Our online platform and physical stores are integrated and complementary. We have built agile and scalable technology, a flexible supply chain and an efficient store estate. A significant opportunity to grow through digital capabilities integrated with our local store colleagues.
-
A highly cash generative business with a strong balance sheet, no legacy issues (no defined benefit pension and low cost lease commitments), agility to invest and a track record of returning surplus cash.
-
Entrepreneurial origins alive and well with a total commitment to doing the right thing for the long term, and to being a good company and a great place to work.