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Land of Leather

September 2007

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • LAN
  • Price:
  • 240p
The shares firmed after Land of Leather issued a strong trading update for the year to 29 July. Total sales were boosted by 15 new store openings during the year which helped lift total sales orders by 21.4% whilst like for like sales were up 0.3%. Like-for-like sales were reportedly up 3.5% in the final 13 weeks of the year as a reflection of increased advertising activity and strong promotional offers despite a continued reduction in average order value. In view of the strong availability of new stores on its targeted retail parks, caused by the excess of supply from other groups downsizing their stores, the new store development programme is ahead of plan with at least 15 stores to be added this year, most of them bunched ahead of the ...

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Land of Leather (November 2007)
Land of Leather (June 2007)
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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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