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

EXCLUSIVE: Gigantic business park green lit next to M5 J12 Image

EXCLUSIVE: Gigantic business park green lit next to M5 J12

A developer has been given the nod to build four logistics warehouses next to the county's incinerator

EXCLUSIVE: Gloucester Quays bosses respond to sale rumours Image

EXCLUSIVE: Gloucester Quays bosses respond to sale rumours

Peel Retail & Leisure has commented on reports it was preparing to sell the asset for £85m

Go-ahead for energy facility on Green Belt  Image

Go-ahead for energy facility on Green Belt

Councillors approve application for storage of excess electricity on Green Belt land.

Bid for new KFC faces further delay Image

Bid for new KFC faces further delay

Planners seek traffic research for 30-jobs project.

Copyright 2024 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.