HOME AND DIY RETAIL NEWS
Søstrene Grene, the Danish homewares and hobby brand, is marking its 50th anniversary with a flourish of success and strategic expansion.
The international retailer, which recently opened a new store at The Lexicon, boasts a unique “Retail for the Senses” concept that offers an array of home interiors, furniture, hobby items, kitchen supplies, children’s toys, specialty food, candy, gift-wrapping, and party supplies.
In the financial arena, Søstrene Grene unveiled an outstanding fiscal year with a turnover of 1,797,138 DKK (approximately 208,000 GBP). Rather than passing on rising costs to customers, the company chose to absorb most of these expenses, underscoring its unwavering commitment to price stability and core values.
CEO Mikkel Grene outlined the brand’s forward trajectory, revealing plans to add around 100 physical stores within the next 2.5 years, aiming for a remarkable turnover of 3 billion DKK (350 million GBP) by 2023-24, signifying an eightfold increase over the past decade.
Søstrene…
