Lush full-year losses widen as it hikes US prices following tariffs

Lush has unveiled plans to launch a UK hotel as its annual pre-tax loss widened in its latest results.
The cosmetics specialist revealed that it was working with a “British partner” to open a hotel, which would represent a first for the retailer.
It comes as Lush’s pre-tax loss widened from £28m to £42.5m during the year to 30 June 2024. The company’s sales also 8.5% dropped from £708.1m to £647.5m.
Retail revenues dropped 4.9% from £576.2m t