Lovisa’s 43 net new store openings pull net profit up

Lovisa’s net profit increased in the first half after the opening of 43 new stores worldwide.

The jewellery and accessories retailer’s profit grew 6.5 per cent to $56.9 million as revenue climbed 8.8 per cent to $405.9 million and comparable store sales rose 0.1 per cent.

The…