(Mallorca): – We wonder at whether it is a temporary situation or whether it is here to stay, ” says Magne Thunestvedt to Mallorca, which owns 32,5 per cent of Lush in the Uk.
Kosmetikkjeden was according to the newspaper established in England in 1995, and in 2008 opened the first store with badebomber, soaps and emballasjefri shampoos in Norway. Two years ago took Magne Thunestvedt and some partners over operations from the former Norwegian owners.
Since the turnover increased from nok 21 million in 2015 to 34 million in the last year.
“We have had two years of very strong organic growth, but has been prepared that it might not come to the end with close to 40 per cent organic growth each year,” says Thunestvedt to the newspaper.
a Full stop
In the years growth has more or less stopped up in the five Norwegian Lush stores.
– We see there are fewer visitors in the sentrumsbutikkene. We believe that we shall be able to stand this, but it is a challenging situation, ” says Thunestvedt to the newspaper.
the Number of bankruptcies in the retail sector has increased by over 10 per cent so far this year, and among the chains that have gone bust, we find PM, the Simpler Life and to the table, writes the newspaper.
during the winter we open in Stavanger, out of it, we have no specific plans. We are a little scared of what happens in retailverdenen.
Good margins on the
to Date, however, see the economic situation good for kosmetikkjeden.
last Year ended, according to the newspaper with a profit before tax of nok 6 million, and an operating margin of 17 per cent. In 2016 was the result before tax 4.6 million and operating margin was 18 per cent.
the Chain also has a store, which both last year and this year have a growth of around 20-25 per cent.
Other financial news:
This looks Jack Ma for when he hires
Hareide dressed of the
Sunday aksjetips
