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Birmingham Post
Birmingham Post
Business
Alistair Houghton

The Fragrance Shop sees sales and profits rise as it prepares for move to new headquarters

The Fragrance Shop has bounced back from the pandemic with increased annual sales and profits as it prepares for further growth and a move to a new home.

Newly published accounts for its parent group show turnover rose to £156.8m in the 53 weeks to April 2, 2022, up from £110m in the 52 weeks to March 27, 2021 . That is also up on the pre-pandemic level of £120m in the 52 weeks to March 31, 2020. Cartoon (Holdings) reported a pre-tax profit of £24.5m for the year, up from 11.7m in 2021.

While Fragrance Shop stores were closed in the first weeks of the financial year with Covid lockdowns, the impact was smaller than in the previous year of three lockdowns.

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