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.
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.