AllSaints reports third consecutive year of record results, affirming its market strength.
- Operating profit surged by 40% to £39.9m, signalling robust financial health.
- EBITDA increased by 18%, underscoring strong operational performance.
- Group sales rose to £459.5m, supported by a rise in wholesale and licensing.
- Expansion into new markets and product lines continues to drive growth.
The fashion brand AllSaints has reported its third consecutive year of record-breaking financial performance, marking significant milestones in profitability and market expansion. The company’s operating profit soared by 40% to reach £39.9 million, a result that underscores the strength of its financial health.
EBITDA, a key measure of the company’s overall profitability, exhibited a robust increase of 18%, highlighting AllSaints’ strong operational performance and effective cost management strategies.
In terms of sales, the group which includes luxury menswear brand John Varvatos, saw a marginal increase of 0.6%, totalling £459.5 million. Notably, the core AllSaints brand mirrored this growth with a 0.6% sales rise to £393.5 million, driven by a strategic shift emphasizing wholesale, franchise, and licensing activities.
This year, AllSaints introduced a variety of new product lines, ranging from fragrances to childrenswear, and men’s tailoring to eyewear, thereby diversifying its offerings. The company’s continued investment in both its retail locations and technological infrastructure further enhances the customer experience and operational efficiency.
This strategic expansion is further evidenced by the opening of a new European distribution centre in the Netherlands, aimed at supporting growth across the continent. AllSaints’ CEO, Peter Wood, expressed confidence in the brand’s future, underscoring the importance of expanding their partnerships globally to reach more customers than ever before.
The sustained growth and record-breaking performance of AllSaints highlight its strategic prowess and market adaptability.
