Footasylum reports 33.4 percent revenue growth

For the 18 weeks to December 30, 2017, UK-based retailer Footasylum said that the company continued the strong growth experienced over the first half of its current financial year, with total revenues for the period increasing 33.4 percent to 89.8 million pounds (121 million dollars) compared to the corresponding period in the prior year.

The company added that all three sales channels including stores, ecommerce and wholesale experienced year on year revenue growth in the period, with ecommerce accounting for a higher proportion of total revenue than in the comparable period in the prior year.

Footasylum opened six new stores during the period, and at December 30, 2017, the company operated 65 stores in the UK, 63 of which were the core Footasylum fascia.