Online bedding retailer Eve Sleep has recorded an increase in pre-tax losses in its first half despite a massive jump in sales. The brand, which is also available through department store concessions in the UK and now in Germany, posted pre-tax losses of £9.1 million in the six-month period to June 30, compared to the £3.2 million recorded in the same period last year. Meanwhile, sales sky rocketed 126 per cent to £11.5 million during the period, with UK sales alone spiking 107 per cent while international sales soared 153 per cent.
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Eve Sleep sales skyrockets 126% but profits take a hit