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Revenues and profit surge at Lovehoney

Pre-tax profits at Lovehoney, the sexual wellbeing and online lingerie retailer, increased by 22 percent to 11 million pounds (14 million dollars) during the financial year 2017/18, which the company said, were driven by strong sales globally as the firm invested in international distribution and customer service. Sales increased 22 percent to...

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Business

Telemos Capital acquires stake in Lovehoney

Swiss private equity firm Telemos Capital has confirmed that it has made its first UK investment with a controlling stake purchase in sex toy and lingerie retailer Lovehoney. Established in Bath in 2002 by Richard Longhurst and Neal Slateford, Lovehoney has grown to bring in 100 million pounds in revenues, ending March 31, 2018, with recorded...

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