The taste for luxury brings revenue Smythson

12/15/2012 12:29

125 years retailers, customers of the royal family of Madonna saw sales increase of 24.5 million pounds for the year to March, against £ 20.2ma year earlier, according to its most recent audited Financial.

Strong sales of "seasonal products and core" in the UK offset a slowdown in exports.

The company, which opened its first branch of Frank Smythson on New Bond Street in London in 1887, is planning an investment of several million pounds of the branch network in the UK. He also worked on by their website to relaunch online sales increase.

Ms. Cameron, wife of Prime Minister is working as a consultant part time in the company after leaving his role as creative director in 2010. It was with the help revive the fortunes of the company credited in recent years.

While Smythson strong growth in revenues, profitability come under pressure from rising prices of apartments and an increase in marketing expenses. Pre-tax profits fell to £ 2,000,000, a decrease of £ 2.4m for the previous year.

 

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