Office Products News

Sales up at leading UK high street stationery chain

Ryman benefits from category growth and customer engagement.

The Theo Paphitis Retail Group has recorded full-year growth for its Ryman stationery chain, largely due to category development and strong Christmas sales in 2019 across its 200-store network.

The results, released this month, are for the financial year to March, 2019.

Ryman’s sales grew 1.4 per cent year-on-year to A$246 million while EBITDA climbed 6.5 per cent year-on-year to A$15.5 million.

“I am pleased that Ryman, as a heritage brand on our high streets, has traded well over the prior financial year. The business put in good performances, growing sales and profits as it (and other business in the groop) focused on strong retail execution and category development, both online and in store,” founder Theo Paphitis (pictured) said.

“Although a small part of our overall group, we were delighted to see the London Graphic Centre deliver remarkable like-for-like growth and online sales following its increased focus on product ranging, customer service and engagement, including the introduction of art-based activities in store,” he said.
 

Date Published: 
21 January 2020