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
Scottish luxury cashmere retailer, Johnstons of Elgin, has revealed that its profit before tax dropped by 15.3% to ยฃ3.3m in FY22, down from ยฃ3.9m in the prior year.
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