The Cotswold Company hails 17% sales growth in run-up to Christmas
The Cotswold Company has seen a strong increase in sales in the run up to Christmas with growth across both digital and physical channels.
In the ten weeks to 28 December, the premium furniture and homeware brand delivered a 17% uplift to £23.2 million which was underpinned by strong full-price demand.
Some of the best performing categories included dining room, bedroom and upholstery as customers prepared their homes for Christmas.
Ralph Tucker, chief executive of The Cotswold Company, said, “The expertise and perseverance of our teams have been fundamental to delivering another fantastic Christmas trading period – one in which we significantly outperformed the home and furniture sector once again.
Subscribe to TRB“The shift towards timeless, high quality and made-to-last furniture continues to go from strength to strength. At The Cotswold Company, we are embracing this shift with a broader range of products that add character and charm to each corner of the home, and we’re delighted more have chosen us this Christmas.”
The Cotswold Company opened its first retail park showroom in the period in Chichester as part of plans to broaden its portfolio of store formats. It also opened a new delivery hub in Stanstead and reported that its new Lichfield distribution centre is now fully operational.
Looking ahead, Tucker said: “The growth delivered this Christmas sets the stage for another exciting year for The Cotswold Company.
“Underpinned by our highly relevant customer proposition, strong brand, and omni channel model, we plan to continue expanding our UK portfolio of showrooms, make further investments in geo-targeted marketing to drive customer footfall, and bring more timeless and unique items for homes across the country.
“These initiatives will enable us to achieve further growth and take another step closer to becoming the UK’s leading and most loved premium homeware brand.”
The Cotswold Company currently operates 14 experiential-led retail stores and two outlet stores in the UK. It also has partnerships with Next and John Lewis.
