Richard Rose claimed today to have turned around specialist tea and coffee retailer Whittard of Chelsea in just five months under his stewardship.
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The loss making company saw HI losses narrow from £1.7m (US$2.4m) in 2000 to £845,000; sales were meanwhile up to £15.7m from £15.5m.
Rose, who was appointed last August, posted like-for-like sales up 7.7% for the weeks since the group began its second financial half-year on 25 November. Profit margins are also on the rise, he said.
