Home / Knowledge / News / Apparel/Garments / Crew Clothing online sales surge 20% in FY'12
Crew Clothing online sales surge 20% in FY'12
Mar '13
Crew Clothing Co. is pleased to announce a further positive set of results for the full year to October 2012, with continued strong sales and profit growth.
Highlights are as follows:
•Top line sales growth of +19% to £49m (2011: £41m)
•EBITDA growth of +8% to £5.4m (2011: £5.0m)
•Positive retail LFL
•11 new stores opened
•Online sales growth of +20%
Managing Director, Octavia Morley commented:
“We are pleased with the positive performance delivered despite the extremely challenging trading environment.We has continued to invest in our product whilst financing core areas of the business.  Our key focus continues to be the customer shopping experience.  The launch of Click & Collect in the year has been a huge success, underlying the importance of being a truly multichannel business.” 
Chairman, Clive Beharrell commented:
“We have delivered a solid performance against the backdrop of the current retail sector.  Not only have we generated very strong sales growth demonstrating the resilience of our brand position, costs have been well managed in order to deliver EBITDA growth of 8%.  The business has also been successfully refinanced in the year ensuring we are well funded for the Company’s future growth plans, including significant investment in infrastructure.”
Along with the successful results Crew Clothing Co. have announced the appointment of specialist logistics provider Torque who will be processing goods for 71 Crew Clothing Co. stores nationwide, with daily deliveries being made to each Crew Store.

Crew Clothing Co

Must ReadView All

Textiles | On 21st Feb 2017

Net profit at Indorama Ventures zooms 145% in 2016

Net profit at Thailand headquartered and Aloke Lohia led Indorama...

Information Technology | On 21st Feb 2017

ThreadSol launches IntelloBuy & IntelloCut in Vietnam

ThreadSol, the pioneer of enterprise material management for sewn...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search