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Bang & Olufsen sees 37% rise in UK revenue

Luxury AV and audio brand Bang & Olufsen has reported a 19% rise in its third quarter group revenue with growth in the UK of 37%.

GENERAL MERCHANDISE

Bang & Olufsen sees 37% rise in UK revenue

The company has also announced plans to open three new UK stores in Wilmslow, Richmond and Southampton. 

Andrew Macer, head of sales UK and Ireland at Bang & Olufsen, said: “We have witnessed marked growth of traffic in-store and with additional stores continuing to open across the country, the importance of the local presence has never been greater. Our robust retail network already in place, and strategy for new store openings, has helped the UK to achieve its strong performance this quarter.”  

The three new stores follow six openings last year in the north and south of England including a flagship store in London’s Hanover Square.

 

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