Established in 1994, The Fragrance Shop is an independent UK chain of specialist perfume stores. The retailer stocks more than 150 fragrance brands and more than 200 beauty brands in its small-format speciality stores on the high street and in shopping centres. It also sells products online. Retail Week provides news, analysis, features and opinion about The Fragrance Shop and the beauty sector.
Revenues increased 5.9% to £182.8m at The Fragrance Shop (TFS) in the 52 weeks to 30 March 2024 (FY2023). The retailer said all channels traded well during the year, opening 10 new stores while rationalising its existing store estate, shuttering four stores in the year. It ended the period with 222 locations including the successful opening of its flagship on Oxford Street, London.
The beauty market is as competitive as it is lucrative. To see who has the edge over others, we asked Retail Week sister brand Retail Navigator to reveal the biggest beauty retailers in the UK.
The Fragrance Shop has reported a “record-breaking year” as like-for-like sales increased 6.1% in the full year ending April 1.
The Fragrance Shop has posted a record-breaking Christmas as sales surged in the 13 weeks to December 31, 2023.
The Fragrance Shop has opened a new Oxford Street flagship, featuring the UK’s first-ever AI fragrance creation machine.
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