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Footasylum profits and sales have soared after a ‘record’ year
Sportswear retailer Footasylum has reported another "record" year of profits and sales helped by its ongoing store expansion strategy and enhanced omnichannel retail technology.
Footasylum profit more than doubled during latest financial year
The Greater Manchester-headquartered retailer said profit before tax totalled £6m for the year to 27 January, 2024, up from the £2.8m it recorded for the prior 12 months
Footasylum ‘on track’ for another record year as profits double
Footasylum has more than doubled its pre-tax profits and is “on track for another successful year” thanks to the opening and upsizing of stores.
Footasylum hails “record” sales and profit performance
Footasylum has posted uplifts in sales and profit in the 12 months to 27 January 2024 to mark a further year of record growth. Total revenue increased by 7% to £319.5 million after trade was boosted by a 15% rise in online sales and an 87% increase in its wholesale business,
Footasylum reports record profits
These positive results follow the news in March that both the CEO and executive chairman of Footasylum would be departing to take on roles with Aurelius, the German equity firm which owns the Footasylum brand and previously owned The Body Shop before it went into administration.
2d
on MSN
Footasylum: New flagship Oxford Street store helps profit more than double
Pre-tax profit more than doubled at footwear and sportswear retailer Footasylum during its latest financial year. The Greater ...
2d
Footasylum Reports Record Growth in Fiscal Year 2024 Driven by Store and Technology Investments
“We are delighted to report that fiscal year 2024 has marked Footasylum’s best-ever financial performance,” said Footasylum ...
The UK
2d
Footasylum hails best ever financial performance
Rochdale headquartered retailer
Footasylum
has recorded revenues in the year to the end of January 2024 up 7% to £319.5m ...
Retail Bulletin
1d
Footasylum to triple size of store at Merry Hill
Footasylum
is set to triple the size of its store at Merry Hill from 3,000 to 10,000 square feet. Having operated at the ...
FashionUnited
2d
Footasylum posts strong FY24 trading results
Footasylum’ revenues for the full financial year increased by 7 percent to 319.5 million pounds, while online sales were up ...
The UK
1d
Sportswear retailer set to triple store size at Merry Hill
After operating at Merry Hill for several years, the retailer will join its current unit with its neighbouring unit ...
7d
Millions of mobile customers could pay more if two major providers merge, regulator warns
MILLIONS of customers could end up paying more money if the merger between two major mobile firms goes ahead, the competition ...
retailsector
2d
Waitrose invests £10m in latest round of price cuts
Waitrose has invested a further £10m to lower prices across nearly 250 of its No.1 and Duchy Organic products, in the first ...
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