Farrow & Ball Group has posted a 35 per cent increase in its full-year revenues to March 2021, reaching £117 million. It has attributed its growth in part to its eCommerce capabilities along with its strong social media presence which enabled it to respond to increased demand. With consumers spending more time at home during the pandemic, home decorating proved popular, as evidenced by the performance of most manufacturers and retailers in the home decor and DIY space, during the period.
CEO Andy Davey commented: “We are very pleased with our latest results, which are broad-based across all channels and markets and are a record result in our 75-year history. They show a direct impact of the initiatives we have put in place last year and in prior years, which bodes well for the future. We are very thankful that the team at Farrow & Ball has done an exceptional job in keeping everyone safe and healthy throughout this period and at the same time delivering the best set of results in the brand’s 75-year history.”
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