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Crew Clothing posts 27% rise in profits

Lifestyle fashion brand Crew Clothing has posted a 27% increase in pre-tax profits to £3.24 million.

CITY & CORPORATE

Crew Clothing posts 27% rise in profits

Lifestyle fashion brand Crew Clothing has posted a 27% increase in pre-tax profits to £3.24 million.

In the year to 30 October, turnover rose by 17% to £40.68 million.

During the year, the company opened 11 new stores taking the total to over 60 and also grew its online offering.

Crew Clothing, which was founded in 1993 and is 25% owned by Isis Equity Partners, said: "The economic climate continues to be challenging, but we have produced another good year of growth despite this."

 

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