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HARD TIMES ON THE HIGH STREET

ALEXON GROUP the street retailer – which owns the Eastex, Ann Harvey, Kaliko and Dash clothing brands – said yesterday its like-for-like sales fell 10.5 per cent in the 17 weeks to 13 June due to an “intensely competitive” retail climate. The firm was forced to put its Bay Trading unit into administration just two months ago. The business is going through a turnaround plan to revive its ranges and revitalise its core brands.