Yankee Candle profits increase


Yankee Candle profits increase

Yankee Candle Company Europe, which is operated by Newell, has posted its results for the year to 31 December 2020. Whilst sales fell from £173m to £166m when compared with the previous year, pre-tax profits had risen from £13m to £17m. The company said that its activities had been affected by the impact of the pandemic at the close of Q1 2020 but that its commercial strategy had seen it focus on alternative consumer channels including direct eCommerce channels and marketplaces.

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