Connecting to LinkedIn...

Healthy consumers help Holland & Barrett sales rise

W1siziisijiwmtuvmdmvmjuvmdavntivmtivntk5l2zpbguixsxbinailcj0ahvtyiisijywmhg0mdbcdtawm2uixv0

Health-food retailer Holland & Barrett has today reported that like-for-like (LFL) sales grew by 2.3 per cent year-on-year in December 2010, suggesting a successful Christmas for the company.

The three months leading up to December 31st 2010 saw LFL trading increase 1.62 per cent compared to the same period one year before too, helping the company end the year on a high.

Holland & Barrett attributed the sales growth to customers valuing their personal health and “refusing to cut spending on key areas of their lives”.

The business also announced that it grew its natural beauty category by 16.83 per cent year-on-year in 2010, while the sports nutrition category was up 14.38 per cent.

Martin Moran, Group Sales and Operations Director at Holland & Barrett’s parent firm NBTY Europe, said he was pleased with the performance.

“During the next 12 months, we are well placed to continue growth across all brands in the group.

“As customers continue to be affected by spending cuts, we are confident that personal health will remain of upmost importance.”

Holland & Barrett is planning to expand is international franchise portfolio in the coming months, having recently added Cyprus to the list of countries in which it operates.

Published on Monday 24 January by Editorial Assistant

Articles similar to Holland & Barrett

Articles similar to Health & Beauty

comments powered by Disqus