Footasylum hails ‘standout’ performance as sales and profits rise
Footasylum has hailed a “standout” performance in its most recent financial year with strong increases in sales and profit.
In the year to 25 January, revenue rose by 9.4% to £349.5 million to mark a further year of record growth for the footwear and sportswear retailer. This included a 3% uplift in store sales to £172.6 million and a 6% increase in online sales to £143.1 million
Subscribe to TRBMeanwhile, pre-tax profit surged by 188% to £17.2 million.
During the year, Footasylum opened new stores in Union Square, Aberdeen; Golden Square, Warrington; Frenchgate, Doncaster; Parkgate, Rotherham; and Eagles Meadow, Wrexham. It also upsized shops in Metro Centre and Merry Hill.
David Pujolar, chief executive of Footasylum, said: “Footasylum delivered record results in FY25, marking a truly standout performance and I’m pleased to report that our strong trading has continued into the current financial year, ahead of both the prior year and budget.
“These results reflect progress across all areas of the business, from store expansion and the growth of our exclusive brands, through to the continued success of our omnichannel model and our focus on first-class customer service.”
Footasylum said total sales for the first 21 weeks of the current financial year have risen by 10.5% year-on-year, with like-for-like retail sales up 6%, driven by a strong performance by Footasylum exclusive brands.
The company said it is continuing to grow brand recognition, particularly among its core 16 to 24 year old demographic, through distinctive content and its social strategy.
Pujolar added: “Our relationships with leading global brands – including Nike, Adidas and New Balance – also continue to go from strength to strength, and remain central to our offer. While the wider macroeconomic environment remains challenging, demand for our unique offer remains strong.
“With a clear plan in place, we are well positioned for the next phase of our journey, including international expansion in the medium term.”
Footasylum is a finalist in the 2025 People in Retail Awards. Find out more here
