Boots revenues up 12.5% due to skincare and luxury sales
Sales of skincare products increased by almost 25%, with sales of the business’ own label skincare range up by over a third
Register to get 1 more free article
Reveal the article below by registering for our email newsletter.
Want unlimited access? View Plans
Already have an account? Sign in
Boots has reported a 12% jump in sales for the fourth quarter ended 31 August, which contributed to a 12.5% increase in revenues for the full year.
According to the retailer, skincare and luxury beauty products were the best performing categories for the period.
Sales of skincare products increased by almost 25%, with sales of the business’ own label skincare range up by over a third.
Meanwhile, luxury beauty item revenues also jumped 20% during the fourth quarter.
In addition, transactions on the Boots website increased around 24%. The group also reported that the number of active Advantage Card users rose to their highest level in three years.
The latest fiscal results also marked Boots’ tenth consecutive quarter of market share growth.
The news comes after Boots unveiled its biggest ever value campaign for shoppers last month.
