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he Fragrance Store chain has revealed a bounce again in post-pandemic gross sales with annual income hitting £289 million, as clients loved bodily procuring and testing fragrances earlier than they purchase.
The 18.5% gross sales rise in 2022 from the prior 53 weeks got here as buying and selling was uninterrupted by lockdowns, not too long ago filed accounts present.
Bestsellers throughout the interval included traditional favourites resembling Dior Sauvage and Chanel Coco Mademoiselle, in addition to new launches Prada Paradoxe and Paco Rabanne Fame.
The corporate, which has 211 shops within the UK and Eire and is owned by Hong Kong-headquartered well being and sweetness group A.S Watson, additionally noticed pre-tax earnings enhance to £21 million from £20 million.
The Fragrance Store, which counts branches in Cheapside, Victoria, and White Metropolis amongst its 17 London websites, added that constructive momentum has continued this 12 months, with robust performances round Valentine’s day and Mom’s and Father’s days.
Managing director Gill Smith stated a scheme that addresses the lack of VAT-free procuring would assist commerce additional.
She stated: “Tax refund procuring was vital to our enterprise and as journey has opened up extra this 12 months, something which gives a degree taking part in discipline for the UK to compete for worldwide vacationers is to be supported to make sure the UK maintains its place and a modern vibrant place to buy.”