23 Jan

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Clicks reports record Christmas trade and market share gains

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Nick Wilson
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Buoyed by record Christmas trading, pharmaceutical retailer Clicks has reported almost 12% growth in interim retail sales as its namesake stores took market share across core product categories.  

The company, which also owns beauty chain Sorbet and The Body Shop, reported on Tuesday that its retail sales grew 11.8% in the first 20 weeks of its 2024 financial year. The update showed volume increases as well, with sales at comparable stores increasing by 8.4% amid selling price increases of 7.5%.

CEO Bertina Engelbrecht said in a statement that Clicks store growth was "driven by strong festive season trading", with the brand achieving its highest-ever sales on Friday, 22 December.

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