6 January 2025
Luxury leather goods brand Aspinal of London has reported its financial results for the full 2024 fiscal year, when sales were up 9% to £38.6 million (US$47.9 million). By ILM.
The brand also achieved a slight gross profit increase to £23.2 million (US$28.79 million), while operating profit dropped 30.3% to £4.6 million (US$).
The company also reported an EBITDA of £5.3 million (US$5.71 million), declining by 27.4% year-on-year, which contributed to greater marketing costs for new markets.
Developing new international markets, e-commerce activities and implementing new product categories are a few of Aspinal’s plans going forward in order to maintain growth despite economic uncertainty.
We bring leather, material and fashion businesses together: an opportunity to meet and greet face to face. We bring them from all parts of the world so that they can find fresh partners, discover new customers or suppliers and keep ahead of industry developments.
We organise a number of trade exhibitions which focus on fashion and lifestyle: sectors that are constantly in flux, so visitors and exhibitors alike need to be constantly aware both of the changes around them and those forecast for coming seasons.
