WHSmith in ‘strongest ever position’ as international travel opens up
WHSmith is in its “strongest ever position as a global travel retailer” after travel revenues across its UK and international travel businesses soared.
In a trading update for the 20 weeks to January 14, WHSmith group revenue jumped 41% compared with the previous year and was 20% up on pre-pandemic, 2019 levels.
Across its travel arm, WHSmith reported a 77% increase in sales year on year and a 48% increase on pre-pandemic levels – this despite passenger levels well below 2019 levels.
Already have an account? Sign in here
