Wednesday, 8 January 2014

Lush Cleans Up Online

Soaps and cosmetics retailer Lush has increased festive internet sales at its UK business by 27.7 per cent and is preparing to relaunch its British website.

Lush said the increase in the five weeks to December 29 helped grow UK sales 13.4 per cent. Sales at its 106 stores rose 12.2 per cent.

Lush, which has 910 stores across 50 countries, plans to relaunch its site in March.

Total sales at the group increased 11.3 per cent in the year to June with like for like sales growing 3.7 per cent. The global performance was supported by strong growth in the US where like-for-like sales increased 14.1 per cent.

'These healthy results are based on an ever-improving and innovative product range and great staff with bags of enthusiasm,' said Kim Coles, finance director at Lush, which is owned by founders Mark and Mo Constantine.

In the UK, like-for-like sales in the full year increased 5 per cent while sales in Japan declined 1.7 per cent on the same basis.

Pretax profit declined 16.2 per cent to £21.9 million. The company said that followed a 'significant increase' - by 50 per cent to £3.1 million worldwide - in charitable donations and investment in its company festival Lushfest.

The company is also opening its first New York spa this week and plans a shop in Brazil over the coming months.

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