Club L London reports surge in turnover for 2024
Club L London has announced that its turnover surged to £44 million in 2024.
The luxury womenswear brand said its expansion into key global markets, particularly the US and Middle East, was a driver of the growth, as the regions deliver increasingly significant revenue.
Subscribe to TRBMeanwhile, gross profit climbed to £23.3 million from a previous £17.7 million.
Katie Randev, founder and chief executive of Club L London, said: “We’ve delivered another strong year of profitable growth while investing heavily in our infrastructure, including our bespoke warehouse and flagship Manchester HQ.
“While inflationary concerns and the ongoing cost-of-living crisis continue to impact consumers and businesses alike, we have continued to grow despite the challenging climate.
“We remain laser-focused on the opportunities ahead in the US, Middle East, and Europe and have plans to further accelerate growth in these key markets this year.”
Club L London has recently invested in a bespoke fulfilment centre and new headquarters to help streamline operations and enhance the customer experience.
