London interiors platform increases sales 119 per cent in first quarter
A global luxury interiors platform has announced that its sales have increased by 119 per cent for the first quarter of 2020.
LuxDeco has announced record quarterly results, seeing furniture sales rise by 175 per cent, accessory sales by 42 per cent and lighting sales by 320 per cent.
With the lockdown currently in force, the company saw an increase of 72 per cent in online users.
Jonathan Holmes, founder and CEO of LuxDeco, commented: “People are obviously spending a lot more time at home at the moment, which has meant that consumers are wanting to make improvements and add more luxury to their surroundings.
“Those working at home have been creating and improving their home offices and we’ve seen a huge demand for home office products with desks, chairs and desk accessories sales up across the board.
“Despite unprecedented challenges in the retail environment, the focus, determination and innovation of my team has helped LuxDeco to deliver a second consecutive record quarter, with an improved product mix and strong new customer acquisition driving our growth.
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
        
        
        
        
        
        
        
                Confidence the missing ingredient for growth
            
                Global event supercharges North East screen sector 
            
                Is construction critical to Government growth plan?
            
                Manufacturing needs context, not more software
            
                Harnessing AI and delivering social value
            
                Unlocking the North East’s collective potential
            
                How specialist support can help your scale-up journey
            
                The changing shape of the rental landscape
            
                Developing local talent for a thriving Teesside
            
                Engineering a future-ready talent pipeline
            
                AI matters, but people matter more
            
                How Merseyside firms can navigate US tariff shift