Christmas came late for Casdon

More people shopped later and online for their Christmas purchases, according to Casdon.
Author:
Publish date:
5_Pocoyo.jpg

The firm’s November sales were 50 per cent up on the same period in 2006. Its December sales also rose by 20 per cent.

However, its pre-tax profits in the six months to October almost halved compared with the same period in 2006.

The firm’s chairman Paul Cassidy said: “The market has seen a significant shift towards internet sales, not only from the traditional online suppliers, but also from the websites of high street stores.

“Customers now appear to know that if purchases are left to the last minute there is a better chance of the stores being panicked into price reductions. Our increase in turnover in November and December is a testament to this customer strategy.”

Related

5_Pocoyo.jpg

Cracking Christmas for Tesco

No huge surprises as Tesco has this morning announced a strong Christmas trading statement, with non-food products including toys, games and electronics enjoying a record year.

Featured Jobs

Copyrights Group

Marketing Manager

The Copyrights Group is one of the licensing arms within The Vivendi Group. Acquired by Vivendi in 2016 Copyrights manages the licensing for a portfolio of properties to include Paddington Bear. Some of the other companies within the Vivendi Group include Universal Music Group, and their licensing arm Bravado, Gameloft and Studiocanal to name a few.