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All Saints full year revenue up 20%

All Saints has posted a 20% uplift in annual sales to £303 million as it continues to grow its international presence.

FASHION

All Saints full year revenue up 20%

All Saints has posted a 20% uplift in annual sales to £303 million as it continues to grow its international presence.

In the year to 28 January, international sales accounted for 47% of the year’s revenue.

During the period, EBITDA fell by 9% to £26 million. All Saints said that profit was impacted by start-up and pre-opening costs relating to its entry into Japan, investment in technology, and its new travel retail stores.

All Saints chief executive William Kim told City AM that the company is also planning to enter the Chinese market and that an announcement will be in the new year.

Owned by private equity firm Lion Capital, All Saints opened 74 stores, concessions and franchises over the year to bring the total number of outlets to 273 in 27 countries.

 

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