Annual Reports

Annual Report

Annual Report 2020

Shaver Shop generated $194.9 million in sales, an increase of 16.4% over FY2019. The strong sales result was achieved despite 18 stores (or approximately 15% of the network) being closed for almost the entire month of April (due to COVID‑19) with many of those stores only gradually re‑opening through June 2020. The substantial investments and effort in developing our omni‑retail sales and fulfilment capability over the last 24 months delivered exceptional returns in 2020 as online sales surged 103.5% to represent 22.7% of total sales.

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