Craft products specialist Hobbycraft has posted a 5.4 per cent increase in its annual revenues which came in a £177.7 million for the year to February 2019. During the period it had opened five new stores. The business also confirmed that its online sales had risen by 22.7 per cent.
Hobbycraft CEO Dominic Jordan commented: “We continue to pursue our plans for multichannel growth as we target our strategy to improve the broader appeal of our brand. This is being achieved through leveraging our broad product range which meets the needs of core hobbyists, families and everyday makers.”
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