LBE.L Regulatory News (LBE)

29 Dec 2006 07:00

Liberty PLC29 December 2006 FOR IMMEDIATE RELEASE29th December 2006 LIBERTY PLC: RECORD CHRISTMAS TRADING Liberty Plc ("Liberty"), the Regent Street emporium, today announces a recordChristmas trading period with sales almost 6% higher than the comparable periodin 2005. Although sales at the start of the four week run up to Christmas began moreslowly than in 2005 trading picked up dramatically during the first week inDecember 2006 as Liberty recorded its highest ever normal day's sales. Over twoconsecutive days sales totalled almost £1m. Iain Renwick, Liberty's Chief Executive, said: "I believe this stunningperformance reflects customer response to Liberty's very distinct offer. TodayLiberty is seen as a fashion and design-led business offering customers upmarketstyle and quality. "Liberty of London, our luxury branded goods collection, has performed superbly.We now have a very loyal and growing customer base which sees us as a beacon inthe West End providing great service and beautiful merchandise in a totallyunique retail environment." Renwick went on to point out that the like-for-like performance does not takeinto account that over this Christmas period Liberty traded from approximately20% less space than last year. Top performers over the Christmas period included women's luxury fashionaccessories, fragrance and beauty while men's fashion and accessories togetherwith fine jewellery also traded very strongly. Liberty also announces that the first two days of the seasonal sales havestarted strongly. A trading statement covering the 12 months to 31st December 2006 will be issuedshortly. Ends. Contact: Liberty Plc Tel: 020 7573 9409 Iain Renwick, Chief Executive Crispin Mardon, Finance Director Baron Phillips Associates Tel: 07050 124119 Baron Phillips This information is provided by RNS The company news service from the London Stock Exchange