Lakeland breaks £100m turnover barrier in 2003

Kitchenwares retailer Lakeland has increased its turnover from£95.6 million to£103.6 million last year.

The retailer operates from 25 stores alongside its mail-order business. Pre-tax profit was£10.6 million in the year to December 31, up on£9.3 million in 2002, according to figures filed at Companies House.

During the past year, the company added a handful of stores to its portfolio, including one at Handforth, Cheshire.