Maisons du Monde: 9% decline in annual sales
"In the fourth quarter, discretionary consumption remained sluggish across Europe, against a backdrop of fluctuating inflation and flagging consumer confidence", says the home furnishings retailer.
The group reinforced the execution of its 3C Plan (Customers, Costs and Cash) with a focus on the omnichannel customer experience, and continued its proactive management of the store portfolio with four net closures and two transfers to affiliation.
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