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Birmingham Post
Birmingham Post
Business
Jon Robinson

Beauty Bay sales slashed by almost £40m and profits wiped out as customers make High Street return

Sales were slashed by almost £40m at an online beauty products retailer after customers returned to High Street stores after the end of Covid-19 restrictions during its latest financial year, new documents have revealed.

Beauty Bay, which is headquartered in Manchester, has posted a turnover of £93m for the 12 months to March 31, 2022, down from the £134.4m it achieved during the prior year.

However, the latest figure is still above the £82.2m it reported for the year to March 31, 2020.

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