ScS posts increase in half year sales
Sofa retailer ScS increased its gross sales by 13.9% to £182.3 million in the 26 weeks to 23 January after it benefited from significant order intake growth in June and July and strong first quarter trading.
As of 23 January 2021, the group’s order book stood at £90.5 million, which was £16.8 million more than at the same point last year.
However, order intake from 20 December to 23 January dropped by 62.5% following enforced store closures due to the latest Covid-19 lockdown. Unlike the first national lockdown, ScC’s distribution centres have remained operational throughout the period and continue to deliver goods to customers.
Despite the stores closures, ScS said it remains cautiously optimistic on its outlook due to the company experiencing strong trading when stores re-opened following the first and second lockdowns. It added: “Given the tactile nature of our products, the majority of customers chose to wait until stores re-opened to try our products in person before making their purchasing decision. This resulted in the business benefiting from pent-up demand, coupled with an increased level of investment by UK consumers in their homes.”
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