Drapers first solely revealed that Tesco will relaunch its F&F clothes vary on-line over the approaching months in September 2024.
The transfer will mark the primary time prospects should buy F&F merchandise by Tesco’s web site since 2018 when it shut down its loss-making, non-food web site Tesco Direct.
The grocery store reported clothes like-for-like gross sales grew by 3% within the monetary 12 months to 22 February 2025, on account of a powerful efficiency in womenswear, with additional improvement of its F&F Energetic and F&F Edit ranges.
It noticed a 4% rise in group gross sales to £63.6bn for the 12 months. Group adjusted working revenue rose 10.9% at fixed charges, to £3.13bn. Group like for like gross sales had been up 3.1%, and 4.0% within the UK.
Tesco’s managing director of clothes and residential, Jan Marchant, is retiring after practically twenty years with the enterprise and was suceeded this month by H&M Group govt Katja Ahola Klamkin.
CEO Ken Murphy mentioned: “Regardless of inflationary headwinds, we’re dedicated to making sure prospects get the very best worth by buying at Tesco, and see additional alternatives to strengthen our competitiveness.”
