Sweaty Betty posts double digit growth

Sweaty Betty
Sport and LeisureFashion

Sweaty Betty has outpaced a “tough retail market”, posting double digit turnover growth last year.

In the 12 months to December 25, the athleisure retailer saw turnover jump 16.3 per cent to £40.6 million, while pre-tax profits nearly doubled from £272,617 to £509,145.

The increasing popularity of healthy living and fitness has driven the growth of the company, which trades from 60 stores across the UK and US.

“The UK has been a tough retail market in 2017, but we have benefited from the increasing popularity of healthy living,” co-founder Simon Hill-Norton said.

He went on to call on the government to provide a transparent transition programme for Brexit, stating it would provide confidence for the market.

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Sweaty Betty posts double digit growth

Sweaty Betty

Sweaty Betty has outpaced a “tough retail market”, posting double digit turnover growth last year.

In the 12 months to December 25, the athleisure retailer saw turnover jump 16.3 per cent to £40.6 million, while pre-tax profits nearly doubled from £272,617 to £509,145.

The increasing popularity of healthy living and fitness has driven the growth of the company, which trades from 60 stores across the UK and US.

“The UK has been a tough retail market in 2017, but we have benefited from the increasing popularity of healthy living,” co-founder Simon Hill-Norton said.

He went on to call on the government to provide a transparent transition programme for Brexit, stating it would provide confidence for the market.

Click here to follow Retail Gazette on LinkedIn

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