Skip navigation

Gloucestershire Business News

Luxury retailer bucks retail trend

Posh food shop Fortnum & Mason has seen profits soar by 26 per cent.

Sales across the company were up 12 per cent to £138 million, with like-for-like sales at the flagship store in London's Piccadilly up 6 per cent, as reported by Retail Gazette.

Online sales were up 13 per cent year-on-year, while sales at Fortnum's store at St Pancras International increased by 15 per cent.

The retailer launched its Hong Kong store - its first standalone store in Asia in the last few days. The launch was without the usual fanfare of a luxury overseas brand, due to ongoing political protests in the city.

The company said it doesn't get involved in politics and is a traditionally British brand that goes around the world to sell tea, biscuits and jam.

Related Articles

Slimbridge employee's award for targeting a Himalayan invader Image

Slimbridge employee's award for targeting a Himalayan invader

A worker at the Wildfowl and Wetlands Trust at Slimbridge has been working hard during his lunch hour to eradicate a troublesome invasive plant.

Cheltenham visitor numbers soar as Festival Town bucks the national trend Image

Cheltenham visitor numbers soar as Festival Town bucks the national trend

Cheltenham is proving more popular than ever with tourists, according to the latest set of visitor numbers.

Growing garden centre reveals major investment and new restaurant plans Image

Growing garden centre reveals major investment and new restaurant plans

A family business already a well-established garden centre has revealed how an increase in profits and footfall has helped it seed new restaurant plans.

Owner of major business park development creating hundreds of jobs revealed Image

Owner of major business park development creating hundreds of jobs revealed

Mystery no longer surrounds who is behind the scheme to develop a new business park in the Forest of Dean, creating 400-plus jobs.

Copyright 2019 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.