Companies

Footasylum reports strong full year results

Mar 28, 2025 United Kingdom

The British sportswear retailer has reported “another year of record revenue and profit” in the fiscal year 2025, as it continues its digital-first strategy and ongoing store expansion

“We are pleased to report another year of record revenue and profit performance, demonstrating our resilience in a challenging market environment. Our strategic initiatives and new organisational structure have proven effective and position us strongly for sustained growth”, commented CEO David Pujolar.

Footasylum’s revenue increased by 9.4% to 349.5 million British pounds (419.0 million euros) in the fiscal year 2025, on a comparable basis to the previous fiscal year, according to the company’s unaudited results.

In particular, store sales grew by 3% year-on-year to 172 million British pounds (206.2 million euros), driven by the opening of new Oxford Street stores, and online sales grew by 6% year-on-year to 143.6 million British pounds (172.1 million euros), now representing 41% of total sales.

Footasylum also reported that its exclusive brand experienced a 101% increase in sales through new and existing wholesale partnerships, as compared to fiscal year 2024. The brand now represents 10% of total sales.

The company’s full year underlying EBITDA increased by 26% to 28.2 million British pounds (33.8 million euros), full year operating profit increased by 123% to 23.3 million British pounds (27.9 million euros) and profit before tax increased by 188% to 17.2 million British pounds (20.5 million euros).

The British retailer expects continued strong performance in the fiscal year 2026. The company recently secured a 35 million British pounds (42.0 million euros) revolving credit facility from HSBC to support its digital-first strategy and ongoing store expansion.

“It will also support the development of Footasylum’s key exclusive brands, which are proving increasingly popular with consumers”, pointed out the CFO, Nick Scott.

1 GBP = 1.20 EUR

Image Credits: onefineday.design/projects/footasylum/

United Kingdom Companies Footasylum Footwear Results Sportswear Year Results