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Hit the high notes: Gear4Music gains 371% as the British make music and use “sound therapy” instruments to beat the lockdown blues
- Pre-tax profit rose by £ 11.5m to £ 14.6m through the end of March
- Guitars, digital keyboards and pianos flew off the virtual shelves
- Lockdown saw the growth of new niches, such as instruments for sound therapy
- Trade over the past three months has been stronger than expected
Online instrument retailer Gear4Music has grown into a massive lockdown winner after more people decided to learn music or improve their skills to overcome the lockdown blues.
The York-based company said its pre-tax profit rose a whopping 371
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