Waitrose signs agreement with Duchy
by Redaktion (comments: 0)
The Duchy range is, according to Waitrose, to be increased from around 200 products to about 500. Increased investment in the development of the brand are expected to achieve a growth in sales over the next 10 years. All profits from the Duchy business are meant to go to The Prince's Charities Foundation, but, since 2007, no contributions have been made. Until the year to 31 March 2008, Duchy made a profit of 151,717 £, compared with 793,432 £ in the previous year, while operational costs rose from 3.3 million £ to 4 million £ in the same period of time.
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