Skip navigation

Gloucestershire Business News

Turnover rises at Barbour despite 'significant' Covid-19 impact

British lifestyle brand Barbour has revealed a 7.8 per cent increase in revenue to £242.8m per cent in the 12 months to the end of April 2020.

Famous for its wax jackets, the brand said the pandemic impact was 'significant' during the final quarter, with profit lower year-on-year.

For the period ending April 30 2020, operating profit dropped 14.5 per cent to £35.1m. Total income also dropped from £31.4m to £28.9m.

In a statement, the business that has 11 stockists in the county including at Gloucester Quays, Attwoolls Outdoors and Cheltenham's John Lewis, said its balance sheet remained strong and it continues to focus on long-term objectives.

Director of Barbour, Dame Margaret Barbour said: "Navigating Covid-19 is central to our focus, staying close and connected to our consumers and customers, ensuring we invest strategically for the future of our brands and products.

"Despite the current uncertainty and market contraction, we believe in the sustainable long-term growth of our business and as such we will continue to rest in our people, our systems and our service. Having implemented structural changes to prepare for Brexit, we will invest in technology and our brands to enhance further our sustainability credentials.

"We strongly believe there are many exciting and accessible markets around the world where our brands can add style and quality to consumers lives, as such we will continue to build relationships and expand our commercial reach and ambitions."

Related Articles

Coronavirus LIVE Updates: The latest news from across Gloucestershire on Monday, April 19 Image

Coronavirus LIVE Updates: The latest news from across Gloucestershire on Monday, April 19

The latest important news and updates from across Gloucestershire as the coronavirus crisis continues.

Kier agrees £110m deal for housebuilding business Image

Kier agrees £110m deal for housebuilding business

Kier has agreed a deal to sell its housebuilding arm to a newly formed company for £110million.

Business centre opens road for Gloucester widening scheme Image

Business centre opens road for Gloucester widening scheme

Another hurdle in the £7.45million scheme to improve a major road in Gloucester has been cleared with the departure of the last tenants on land needed for the project.

Trackwise reveals top appointment Image

Trackwise reveals top appointment

Tewkesbury-based circuit board manufacturer Trackwise Plc has announced the appointment of a new chief operating officer.

Copyright 2021 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.