The turnover of Inno climbs by EUR 50 million
News
|
May 2023
|
La Libre
What: The Belgian chain of department stores recorded a profit of EUR 2.78 million in the last financial year and its turnover increased by more than EUR 50 million to EUR 285 million.
Why it is important: After suffering a loss of more than EUR 12 million in 2021, the department store had returned to profitability by the end of 2022 and its strategic repositioning is seeing success.
Inno is continuing its transformation by focusing on its luxury offer and has announced the makeover of two of its stores in Brussels to evolve towards the premium range.
