Footasylum UK retailer reports £6M pre-tax profit increase for 2024.
Footasylum, a UK sportswear retailer, reported record pre-tax profits of £6 million for the year ending January 27, 2024, up from £2.8 million the previous year. Total revenue rose 7% to £319.5 million, driven by a 15% increase in online sales and an 87% jump in wholesale. The brand's expansion included new stores and a flagship on Oxford Street. With strong growth in womenswear and childrenswear, Footasylum remains optimistic about future prospects.
September 18, 2024
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