Good news for gift suppliers is that the Dunelm Group is continuing to go from strength. In its preliminary results for the year ending June 29, the Group reports that its total like-for-like (LFL) sales increased by 10.7% with strong growth both in stores (7.7%) and dunelm.com (35.1%).
The company reported improved gross margins, continuing growth in brand awareness and success with an improved customer proposition offering more choice, style and value.
“As Dunelm celebrates its 40th anniversary, we are pleased to have delivered a strong performance during the year, with an improvement across all our customer, operating and financial metrics,” commented ceo Nick Wilkinson. “In particular, the strong like-for-like revenue growth, both in stores and online, demonstrates the progress we are making with our multichannel proposition while maintaining the breadth and depth of our specialist customer offer in homewares.”
However, Nick pointed out that the company remains “cautious about the full year outlook due to increased Brexit uncertainty and, specifically, the impact it may have on consumer spending as we enter our peak period.”
Top: Dunelm has once again posted healthy increases.
