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Olly Tress, founder and CEO, Oliver Bonas

Oliver Bonas continues to open stores outside London, gradually building up awareness in the rest of the UK – including its first store in Wales and second in Northern Ireland last year, and more recently a store in Exeter, which opened in November.

Olly Tress

In October, the lifestyle retailer revealed pre-tax profit edged up by 2.8% to £4.2m in the year to 31 December 2017, compared with 2016. EBITDA rose 7.6%, off the back of a 22% increase in turnover to £61.1m.

It said 2017 was a “year of significant internal investment”. It opened further warehousing and office space, which quadrupled its online fulfilment capacity.

 

 

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