Fortnum & Mason has unveiled rising sales and profits as the 300-year-old retailer reported a jump in sales of tea and biscuits. Fortnum & Mason has unveiled rising sales and profits as the 300-year-old retailer reported a jump in sales of tea and biscuits. Overall sales in the year ending July 2018 were up 12%, the company said, reaching £126 million. This marks the sixth successive year of double-digit sales growth for Fortnum’s, as well as a rare bright spot in the troubled retail industry. Earlier this month, Fortnum’s opened a new restaurant and shop at the Royal Exchange in the City of London.

Source: Irish Independent November 30, 2018 12:56 UTC