News Column

Holland & Barrett sales healthy

June 12, 2014

By Rupert Steiner, Daily Mail, London

June 12--Holland & Barrett will show Britons' drive for fitness has helped boost annual pre-tax sales to pounds sterling 84m.

The retailer, which has 664 health stores in the UK and 72 worldwide, will release annual figures today showing the private equity backed firm has had a strong year.

Sales grew to pounds sterling 349m from pounds sterling 335m after a series of new store openings.

On trading the firm said: 'Both the activity in the year and the year end financial position are extremely strong despite the difficult economic trading conditions currently being experienced within the retail sector.' The group opened 42 stores and 42 franchises around the world in places such as China, Dubai, Singapore and Iceland. In the UK seven shops opened.

An H&B spokesman said: 'The company has differentiated itself from its mass market competitors by developing a specialist reputation, whilst at the same time offering high quality products at a low, value price.'

The group, which employs 4,200 staff and is owned by Carlyle, operates a packaging plant and distribution sites in Burton upon Trent, Staffordshire, as well as distribution sites in Beverwijk, the Netherlands.


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Source: Daily Mail (London, England)

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