Club L London reports ‘outstanding’ year of growth
Club L London has reported an outstanding year of growth with turnover rising by 48% to £65.9 million in the 12 months to March 2025.
Gross profit increased to £37.8 million from £23.4 million a year earlier while pre-tax profit surged to £14 million from a previous £3.1 million, with profit margins rising from 6.9% to 21.1%.
The premium womenswear brand said the performance was mainly driven by its expansion into international markets and targeted investments in infrastructure and technology. Growth in the US, Australia and the Middle East was 90%, 83% and 417% respectively. In addition, Europe experienced triple-digit growth due to the expanding international customer base.
Dan Lorenson, Club L London chief marketing officer, said: “As a leadership team we’re extremely proud to announce our FY24-25 trading results which have been driven by strong international growth, operational excellence and key investments into tech, people and product.
“Following on from key infrastructural investments made previously, we’ve been able to scale profitably both domestically and internationally giving us an opportunity to serve our customers better across all borders.”
