Terrys revenue soars 109% YOY
The home furnishing retailer has seen a surge in demand over the past year during the multiple national lockdowns
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Terrys has reported an overall revenue increase of 109%, to an undisclosed amount, over the last year after seeing a huge surge in demand throughout the UK’s recent national lockdowns.
The home furnishing retailer’s ecommerce operations assisted business during the pandemic, with searches for blackout curtains up 47% and roman blinds up 49% compared to this time last year.
Furthermore, the family-run retailer’s recent brand wins, including Emma Shipley, Cath Kidston and Tess Daly, has also bolstered sales in the first quarter of 2021.
Paul McGuiness, managing director at Terrys, said: “It’s been a really challenging year for many industries, but we are really delighted to have seen a continued demand for home furnishings during this time.
“The past twelve months has seen many people investing in their homes, and this is a trend that we anticipate will continue throughout the coming months.”
Gareth Coxall, Terrys’ Marketing and Creative director at Terrys, said: “We have ambitious plans for expanding our offering to not only include some of the UK’s most popular and much-loved designer collections, but also a range of collections that will be exclusive to Terrys.”
