Taste Holdings sees positive growth in December

For the period 1 March to 31 December 2011 its jewellery division, consisting of the NWJ brand, recorded a system-wide sales increase of 4.2% when compared to the comparable period in 2010.

This increase was on the back of fewer jewellery stores.

Same-stores sales growth increased from 0.5% for the six months ended 31 August 31 2011, to 1.5% for the year to date.

"Of significance was the continued strong sales performance of the 18 corporate-owned jewellery outlets, with a year-to-date same-store sales increase of 14.6%," the company said.

The food division, consisting of Scooters Pizza, St Elmo's Woodfired Pizza and Maxi's, showed a year-to-date increase in system-wide sales of 26.6% with same-store-sales increasing 5.4% for that period.