Expanding furniture chain The Cotswold Company has seen sales leap in the past year, along with higher EBITDA figures.
The retailer saw sales hit a record £123m in the year to the end of February, up 23%.
EBITDA increased by 42% to £13m.
TCC grew from nine to 12 stores in the year, and has since opened in Kingston, with Redbrick and two others planned this financial year.
Active customer numbers grew by 19% and upholstery sales by 60% during the period, although details were not disclosed.
‘As consumers take a more considered view over their purchases, our proposition – centred on high-quality, made-to-last furniture that has been made to last generations – has never been more relevant. Combining this shift with the strength of our brand and the completion of several strategic initiatives, we have continued our strong momentum with another period of record growth in which we’ve significantly outperformed the broader homeware and furniture market,’ says Ralph Tucker, TCC ceo.
‘Now, with our enhanced delivery and distribution capabilities, proven AI capabilities, and expanding range of characterful and unique products, we have an even stronger foundation. This will enable us to accelerate our UK expansion, deliver further profitable growth, and strengthen our position as one of the UK’s most loved handcrafted homeware brands.’
