Footasylum news and archive

Footasylum Doubles Down on Manchester with Major Arndale Flagship Opening

Footasylum is making a bold statement in its home city with the opening of a new 18,000 sq ft flagship store at Manchester Arndale today. Credits: Footasylum Located on the ground floor of Exchange Court, the significantly upsized space marks a major investment for the brand, alongside the signing of a new 20-year lease—cementing its long-term...

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Footasylum taps former Gymshark executive Hannah Mercer as CEO

UK footwear and sportswear retailer Footasylum has announced the appointment of Hannah Mercer as its new chief executive officer. Mercer, who will officially assume the role at the start of May, joins the Rochdale-based company from British activewear brand Gymshark. At Gymshark, Mercer served as global general manager for wholesale, retail and...

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Footasylum secures 60 million pounds in funding amid retail expansion

Sportswear retailer Footasylum has secured an extension to its revolving credit facility with HSBC UK, expanding its financing with the bank from 35 million pounds to 60 million pounds. The new funding comes amid a retail expansion for the retailer, which has confirmed new store locations in Leeds, Glasgow and Merthyr Tydfil. The first will open...

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Footasylum CEO exits, search for successor underway

The chief executive officer of Footasylum has exited the company. David Pujolar is reported to have left the business this week, with Stephan Rahmede, a senior representative for Aurelius WaterRise, to take over in an interim capacity. The news was confirmed by the footwear retailer to multiple media outlets, including FashionNetwork, yet the...

Retail

Footasylum to open new “landmark” store in Leeds

Footwear and sportswear retailer Footasylum is opening a new “landmark” store in the Trinity Leeds shopping centre in April, after a successful pop-up store in the centre last year. The new 12,000-square-foot store will be located on the lower ground floor, in the unit previously occupied by Superdry and opposite Mango. The retailer said the...

Retail

UK retailer Footasylum enters Middle East market with Apparel Group

In a move that signals an evolution of its global growth strategy, leading UK-based footwear and sportswear retailer Footasylum has announced a strategic partnership with Apparel Group, the Dubai-headquartered retail conglomerate. The agreement is designed to accelerate Footasylum’s presence across the Gulf Cooperation Council (GCC), marking the...

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Footasylum: Mad Agency becomes distribution partner for Germany and Austria

British sportswear retailer Footasylum announced a “strategic partnership” with Cologne-based distribution agency Mad Agency on Monday. The collaboration aims to drive growth in the DACH region, according to a statement. Mad Agency will represent Footasylum's private labels as an “exclusive distribution agency” in Germany and Austria. The...

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Footasylum announces record FY25 results and continued growth

Footasylum, an omnichannel retailer specialising in footwear and sportswear, has announced its audited financial results for the year ended January 25, 2025 (FY25), alongside an update on its current trading performance, showcasing another year of significant growth. For FY25, Footasylum reported a 9.4 percent increase in total revenue to 349.5...

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Record profit for Footasylum: Strategic initiatives drive success

Sportswear retailer Footasylum has reported a 9.4 percent increase in revenue to 349.5 million pounds (453.5 million dollars) for FY25, according to its unaudited results. Underlying EBITDA for the year rose 26 percent to 28.2 million pounds, operating profit increased 123 percent to 23.3 million pounds and pre-tax profit jumped 188 percent to...

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Footasylum announces two senior executive appointments

Footasylum has announced the appointments of Will Van Rensburg as chief commercial officer and Glen Wilkinson as senior buying director. These appointments, the company said in a statement, follow the arrival of David Pujolar as CEO in March 2024. Since joining, Pujolar has realigned the organisation and strengthened its executive leadership...

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Footasylum secures 35 million pound funding to support growth plans

Footwear retailer Footasylum has announced that it has secured a 35 million pound Revolving Credit Facility (RCF) from banking firm HSBC UK which it will use to help accelerate its growth plans across the UK and international markets. The retailer, which was acquired by investor Aurelius in August 2022, revealed that the RCF funding package...

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Footasylum posts strong FY24 trading results

Footasylum’ revenues for the full financial year increased by 7 percent to 319.5 million pounds, while online sales were up 15 percent to 134.9 million pounds and now account for 42.2 percent of total sales. In March, the company appointed David Pujolar as CEO, who has previously worked at AW Lab, Adidas, Foot Locker and Tommy Hilfiger. “We are...