Article 6DD6R Lush paid managers £5m in bonuses after taking £5m in state support

Lush paid managers £5m in bonuses after taking £5m in state support

by
Sarah Butler
from World news | The Guardian on (#6DD6R)

Exclusive: Cosmetics maker reports 90% drop in profits amid dispute with former boss over his attempt to sell shares

The cosmetics chain Lush paid its managers 5m in bonuses last year while taking 5.1m in government support and recording a 90% drop in profits.

The bonuses were paid on top of salaries in 2022 to directors including the co-founder, Mark Constantine, and his wife, Mo, who are shareholders, and six staff at Lush Cosmetics, the brand's main operating company, which runs its manufacturing site in Poole and 886 shops worldwide, including about 100 in the UK.

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