The Range makes a loss of £23m
The Herald|November 27, 2024
BUT 'STILL ON COURSE' TO OPEN NEW STORES
WILLIAM TELFORD
The Range makes a loss of £23m

CHRIS Dawson's The Range has made a pre-tax loss of nearly £23m despite rising sales from stores. CDS (Superstores) Ltd reported losses for the second year running in its latest accounts.

The Derriford-headquartered company, ultimately owned by Mr Dawson's wife Sarah Dawson, made a pre-tax loss of £22.848m for the year to the end of January 2024, following a loss of £18m in 2023.

In previous years the company, which trades as The Range, made huge profits, including £81.521m in 2022. Holding company Norton Group Holdings Ltd has also posted losses for the second year in a row, of £14.011m pre-tax.

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