The sweet smell of success

Lingerie and perfume firm Agent Provocateur has recently reported that sales in the last year have increased by 8% to £22.4 million which is a positive sign for anyone who has shares within the company.  A private equity company, 3i recently acquired the firm and although earnings were leaning towards the downside of the spectrum last year, a speculate to accumulate approach proved beneficial in the end.

Investing in new stores may have seemed like financial suicide in the current climate and it was perhaps a more favourable idea to bank what money they were making rather than take a risk with it, however the risk paid off and this too can be the case if you are deciding to take up spread betting. 

The recent performance of 3i’s shares are not exactly anything to shout about but investing in Agent Provocateur could mean this will shortly change.  Definitely something to watch out for in the not too distant future.

Everyone knows that during the recession people are reluctant to spend, however if a company like Agent Provocateur is showing signs of increase in sales then there has to be a certain amount of notice to be taken from this.  Lingerie and perfume are not exactly the necessities in life but sales suggest a different story.  It’s probably unlikely that people are buying their knickers and perfumes in preference to their groceries but it does show that there is some light at the end of the retail tunnel.

If, like the customers of Agent Provocateur, you are deciding to buy something a little risque, why not extend that daring side of you and take a look at how you can take a few risks with your money?  You may decide to have a little fun with your spread betting account but if you choose carefully and gain the correct knowledge and skill, you may stand to win alot more than you thought possible.