RE: Re: RE Positive RNS17 Jul 2019 08:38
The Board is pleased to report that the recovery experienced in the final three months of the last financial year has continued into the first three months of the current financial year with Gross Order Value up 104% ahead of the same period last year at £4.82m. This, coupled with the Future Lifestyle Fashion Limited ("FLFL") subscription agreement secured at an average price of 15 pence per share, ensures the business is well positioned to deliver on its growth strategy.
Lord Waheed Alli, Chairman of Koovs, commented: "Koovs is firmly back on track evidenced by the 104% growth experienced in Q1 trading. We are excited about the rest of the year, as we continue to invest in both marketing and our product range."