Lovisa profits fall more than 47 per cent; exits Spanish market

Fashion jewellery chain Lovisa has released its full-year financial results, revealing net profits slumped 47.8 per cent over FY19-20 to $19.3 million, largely as a result of COVID-19 disruption.

Lovisa profits fall more than 47 per cent; exits Spanish market - Jeweller Magazine: Jewellery News and Trends

Lovisa profits fall more than 47 per cent; exits Spanish market - Jeweller Magazine: Jewellery News and Trends

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Lovisa profits fall more than 47 per cent; exits Spanish market - Jeweller Magazine: Jewellery News and Trends

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