Lovisa reports strong sales growth, expands store network

Lovisa Holdings Limited announced a robust trading update on November 21, 2025, revealing a substantial increase in its global store network and sales for the current financial year. The company has opened 44 net new stores year-to-date, comprising 62 new openings and 18 closures (including 6 relocations). This expansion brings Lovisa's total store count to 1,075 across more than 50 markets, marking an increase of 148 stores compared to the same period last year.

The company reported strong financial performance, with global total sales for the first 20 weeks of FY26 increasing by 26.2% over FY25. This growth is attributed to the expanded store network. Additionally, global comparable store sales for the same period were up 3.5% on FY25, indicating healthy organic growth alongside the network expansion.