Joe Browns hails strongest year to date
The Joe Browns fashion and homeware retailer delivered its strongest year to date in the 12 months to 30 June 2022 with sales and profit rising by 20.9% and 7.8% respectively.
During the year, the retailer also appointed Peter Alecock as chief executive.
While menswear sales climbed by 34.7%, womenswear sales saw an increase of 18.4%. Meanwhile homeware sales rose by 43.6% following a broadening of the category to include more garden products.
Commenting on the results, Alecock said: “We are really pleased with both sales and profits to the year ending June 2022. It’s testament to the amazing team we have here at Joe Browns across every area of the business and I wanted to take the opportunity to thank everyone involved.”
The company has recently announced that it is searching for sites for ten new stores across the UK. It is also planning to open its first franchise store and will complete a £2 million warehouse upgrade this summer.
Looking ahead, Alecock said: “We expect the external trading environment to remain challenging. As such, creating stand-out, remarkable product has always been central to the Joe Browns business and this ethos has never been more important than today.”
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