Goldbug100 - Jacques Vert (LSE: JQV.L) 2% rise in like-for-like sales and a 3.1% increase in its full-year pre-tax profits.

The retailer owns four clothing brands; Jacques Vert, Windsmoor, Precis and Planet. 

Steve Bodger, chairman, said that although the trading environment had been "difficult" the group has taken "significant steps forward" operationally. 960 shops at the start of the year is down to 870 shops in the UK, Canada and Ireland

"With positive like-for-like sales, our brands have performed well," said Steve Bodger. The store group said that pre-tax profit over the year to April 30 was £5.3m, up from £5.1m last year. Sales were £118.4m, up from £115.3m.

The company proposed a final dividend of 0.67p per share payable on October 14, representing an increase of 3pc on last year.

Jul 5: 17.25   0.13 (0.72%)

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Analysis: Online clothes shopping: Europe outpacing U.S.

Jacques Vert Plc is engaged in the design and retail sale of ladies fashion wear. The Company is a retailer of four women’s wear brands: Jacques Vert, Planet, Windsmoor and Precis. As of April 24, 2010, the Company’s four brands were retailed in over 900 outlets. The brands are retailed mainly in department stores in the United Kingdom, Canada and Ireland. In addition, all of its products can be purchased online through separate brand websites. The Jacques Vert and Planet brands are also sold in the Company's own stores in the United Kingdom. Jacques Vert’s collections are available in sizes 10 to 24. Planet’s collections are available in sizes 6 to 20. Precis Petite collections are available in sizes 6 to 18. Windsmoor collections are available in sizes 10 to 24. Its subsidiary includes Jacques Vert (Canada) Inc. and William Baird Ltd.

Website links

Company website:
http://www.jacques-vert-plc.co.uk/

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Goldbug100 - Jacques Vert (LSE: JQV.L)

Diary of a private investor: secure dividend paying shares

James Bartholomew 10 November 2010

"Jacques Vert (LSE: JQV.L - news) , a relatively tiny but cash-rich British clothing company at 15.75p (4.6pc)"

Close of Market - 15 April 2011 17.12

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The fund acquired it´s initial holding as a result of the takeover of William Baird and has subsequently made 2 acquisitions since.

Inditex the owner of Zara started off as a small company in Galicia Spain . Could Jacques Vert follow in their footsteeps?