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Birmingham Post
Birmingham Post
Business
Jon Robinson

Lakeland's profits reach five-year high as Omicron fears led to increased demand

Profits at homewares retailer Lakeland surged to their highest levels since 2017 during its latest financial year, according to new figures.

The business, which was founded in 1956 in Windermere, Cumbria, has posted pre-tax profits of £1m for 2021, up from £332,000 in 2020.

The last time the company's profits were higher was in 2017 when they totalled £2.3m. Lakeland had been loss-making in both 2018 and 2019.

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