Hob­by­craft sews up 200pc on­line sales rise

The Daily Telegraph - Business - - Business -

Arts and crafts re­tailer Hob­by­craft said it was in a “strong po­si­tion” af­ter on­line sales in­creased by more than 200pc dur­ing the 12-week lock­down, al­though en­forced store clo­sures hit to­tal sales. Hob­by­craft said de­mand in its 100 stores “re­mains strong” since they re­opened in June. To­tal rev­enues rose 8.9pc to £193.6m for the year to Feb 16, with on­line sales up 19pc.

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