Studio posts bumper trading figures

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Studio.co.uk, the retailer once known as Express Gifts, has recorded a nine per cent increase in sales over the last year, with double digit growth over the Christmas period.

The figures include a 7.8 per cent year-on-year growth in turnover relating to product sales, and 12.8 per cent relating to its financial services.

Studio also recorded high demands for its product personalisation service, with toys and nightware selling well in the lead up to Christmas.

"We delivered record-breaking sales and strong margin performance in the weeks leading up to Black Friday and consequently we now anticipate full year profit before tax to be towards the upper end of current market expectations."

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