• Lovisa Jewellery is celebrating the opening of its 200th store in the USA this month.
• The growth of the Lovisa store network has been one of the major drivers of our overall strategy.
• Lovisa also celebrated the opening of our 800th store in FY23, with stores trading across 39 markets around the world. This reflected a net increase in the store network of 172 stores for the financial year.
• The USA market was the main driver for store network growth with 78 new stores opened across the USA in FY23, becoming Lovisa’s largest individual market.
• Now, Lovisa is celebrating the successful opening in September of our 200th store in the US market, at the Cordova Mall in Pensacola, Florida.
CEO Victor Herrero said:
“This milestone is a testament to the hard work, dedication, and outstanding efforts of the team behind the brand as it continues to expand into new and emerging markets.”
“Lovisa continues to focus on opportunities to expand its physical and digital store network across existing and new markets.”
BACKGROUND: Lovisa brings brilliantly affordable, on-trend fashion jewellery to the world, whilst delighting customers with our exceptional customer service and the Lovisa experience.
Lovisa was created out of a need for on-trend fashion jewellery at ready-to-wear prices. Our trend-spotting departments worldwide take inspiration from couture runways and current street style to deliver new, must-have styles to our customers right when they want them.
The Lovisa customer is stylish, social and confident. They don’t underestimate the power of the perfect accessory.
With Lovisa Stylists in every store, we bring our customers expert advice on current trends, inspirational styling techniques and personalized tips to provide an elevated shopping experience. It’s about the customer, always.
After launching our first store in April 2010, Lovisa can now be found in over 800 stores across 39 markets globally. Lovisa Holdings Limited is listed on the Australian Securities Exchange (ASX:LOV), with a market capitalisation of over A$2 billion.