Luxury Goods
Johnstons of Elgin profits fall 15% in FY22
According to the retailer, its drop in profit was due to challenges in efficiency, which impacted margins and headwinds from cost inflation
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Scottish luxury cashmere retailer, Johnstons of Elgin, has revealed that its profit before tax dropped by 15.3% to £3.3m in FY22, down from £3.9m in the prior year.
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