The leading UK franchisee group of Danish furniture brand BoConcept has reported a growth in turnover and profit.

Concept Living, which has 11 established retail locations including a concession in Harrods and three in Fenwick stores, posted sales of £23.4m for the year ended 31 October 2024, up 10% from £21.3m in 2023.

Pre-tax profit resulted at £591,000, up from £36,000 recorded the previous year.

Stated within its report, the group said: “The Group is pleased to report a strong financial performance, with turnover maintained at high levels year-on-year.

“Despite broader macroeconomic challenges, this growth underscores the Group’s operational resilience and ability to execute its strategy effectively.

“Despite macroeconomic uncertainty, the long-term outlook for the home furnishings market is positive, with the home expected to retain high importance for consumers. The Group is well-positioned to respond to challenges and adapt as needed to continue its growth trajectory.”