Entrepreneur Theo Paphitis’ Boux Avenue and Ryman post profits rise
Retail tycoon Theo Paphitis’ Boux Avenue fashion and Ryman stationery businesses have notched up full-year earnings increases as improvement strategies paid off, Retail Week can reveal.
Paphitis said Boux Avenue has “come of age” and it is now “a compelling brand in the marketplace”. He told Retail Week: “We have made further progress in the current year, which sees previous investment rewarded by double-digit growth on top of the 6.9% sales growth of the prior year.”
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