World Footwear

Companies

Pentland with 14% increase in revenue

Jul 1, 2015 United Kingdom
Pentland with 14% increase in revenue
London-based brand-management company Pentland Group Plc announced significant increases in revenue boosted by growth at Ted Baker Footwear and Speedo
Global brand management and retail group Pentland said that “full year results reflect the quality and continued international development of Pentland’s portfolio of brands in sports, outdoor and fashion, and another strong performance from the core fascias of JD Sports Fashion plc.”

Pentland’s total revenue was up by 14% reaching 2.2 billion British pounds, with special highlight for record revenues from Speedo and from Ted Baker Footwear.

Pentland Brands and other non-retail businesses continued to perform strongly with revenue up 5%, totaling 618 million British pounds and with record performances for several brands.

Speedo achieved record sales for the second year in a row with growth in many international markets, mainly driven by the highly successful SpeedoFit and global swimwear ranges. Speedo was also named Fan Brand of the Year at the 2014 Sports Technology Awards.

Canterbury achieved strong sales growth with a double-digit uplift in the UK. Canterbury became the official kit supplier for the Ireland Rugby Football Union in 2014 and will be the official kit supplier for the England and Ireland teams at the 2015 Rugby World Cup. The brand continued to build its on-field presence in Australia and New Zealand through Australia’s State of Origin and Auckland National Rugby League team, the New Zealand Warriors.

Ted Baker footwear had another record sales year delivering double digit growth with strong performance in the UK and US.

Lacoste Chaussures enjoyed another year of strong sales with growth in major markets including the US and China.

The group also registered a record performance from its retail division, comprising JD Sports Fashion plc, with revenue up by 19% totaling 1.6 billion British pounds, mainly driven by strong trading in core Sports fascias and new stores added in all existing territories.

In 2014, JD continued to invest through the acquisition of various brands/businesses such as Mainline Menswear, Ultimate Outdoors and Oswald Bailey. 

Group operating profit (before tax, amortisation of intangibles and exceptional items) totaled 160 million British pounds, increasing by 30%.

During the last financial year, Pentland Brands received several awards, namely Best Employee Engagement and Overall Winners awards at the CIPD People Management Awards and Top European Family Business of the Year at the 2014 European Families in Business Awards.

Three Berghaus innovations won awards at the 2014 OutDoor Industry Awards including the coveted Gold Award for the Hypersmock 2.0 - the world’s lightest waterproof jacket.

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