Uncertain times for Flying Brands as sales drop Tuesday, 24th January 2012
Flying Brands’ overall sales fell to £4.83 million in the final quarter, as the company remains in talks over the sale of a number of its businesses. Sales at the home shopping retailer fell from £6.43 million to £4.83 million in the final quarter. In a trading update released on Tuesday, Flying Brands said that in light of the general economic climate and performance at Christmas 2010, it had taken the decision to cut back on up-front marketing expenditure.
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