Ann Summers turnover hits over £100m as it eyes store expansion

Ann Summers saw its turnover hit over £100m in the year ending June 2022, as it revealed plans to open more stores across the UK.
According to Companies House, the lingerie and sex toy retailer is set to open four or five more stores next year as retail sales rose 7.6% compared to 2020 and 5.4% above pre-pandemic levels.
Gross profit also reached £60m, up from £50.9m the prior year as its balance sheet was bolstered by expanding its underwear lines and launching its first custo