Activewear brand Tala saw losses widen in its latest annual results, despite sales growth.
The company’s operating loss came in at £2.6m for the year to 31 March 2025, compared to a £983,331 loss the year prior.
Revenues were up 19% to £19.8m over the period, which it attributed to continued direct-to-consumer growth as well as improved wholesale performance.
Gross margin stood at 58% over the period.
The brand’s wholesale operations performed eight times higher than the year before, following new partnerships with lifestyle brand Anthropologie and End Clothing.
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Additionally, Tala opened its first brick and mortar store on London’s Carnaby Street in May 2025 after the year end, and launched its second shop in Westfield in November 2025. The group is planning to launch further stores over the next three years.
However, the brand scaled back its US operations over the period in the face of rising import tariffs.
The sportswear retailer completed a £4.6m series B fundraising in the parent company over the year and transitioned to a new third-party logistics provider.
Moving forward, Tala said it would continue to invest in product development, store launches and digital marketing.
However, the group highlighted ongoing risks regarding supply chain disruption, market competition, consumer spending pressures and geopolitical uncertainty, particularly related to US trade conditions.
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