THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
CX
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Uncategorized
Retail Events
People in Retail Awards 2024
Retail HR Summit
THE Retail Conference
Retail HR North 2025
Retail Ecom North
Omnichannel Futures 2025
Retail HR Central 2025
The Future of The High Street 2025
Retail Ecom Central
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Crew Clothing grows annual sales and profit

Lifestyle fashion brand Crew Clothing increased both its sales and profit in the year to 24 December 2023 after seeing significant growth across all channels. Turnover… View Article

FASHION RETAIL NEWS UK

Crew Clothing grows annual sales and profit

Lifestyle fashion brand Crew Clothing increased both its sales and profit in the year to 24 December 2023 after seeing significant growth across all channels.

Turnover rose by 13% after online and store sales climbed by 18% and 5% respectively. Growth in the third party and wholesale channel was particularly strong at 28%.

Meanwhile, adjusted EBITDA increased to £17.1 million from the previous year’s £13.5 million driven by strong sales performance and costs rising at a slower rate.

During the period, Crew Clothing invested in  developing its online presence and the optimisation of its store estate.

Looking ahead, the brand said it is continuing to pursue growth through the expansion of product ranges across menswear, womenswear, childrenswear and key gifting categories such as sleepwear and accessories.

It has also committed to expanding retail stores into a number of key areas within the UK and is currently seeking to identify locations.

Subscribe For Retail News