Garden Botanika sales up 67.1% to $92.5 mil. in FY 1996.
This article was originally published in The Rose Sheet
Executive Summary
GARDEN BOTANIKA SALES UP 67.1% TO $92.5 MIL. IN FISCAL 1996 from $55.3 mil. the prior year, the company reported March 12. For the 12 months (ended Feb. 1), store sales shot up 65%; on a comparable basis, however, store revenue would have increased 6%. The company opened 101 new stores during the fiscal year, bringing the total number of doors to 257. Twelve of the outlets dedicated space for Garden Botanika's cosmetic-focused Color Studio boutiques
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