Cornish clothing retailer Seasalt has hailed its "impressive performance" over the last financial year. The fashion brand, which is known for its sustainable values, reported revenues of £150m for the year ending February 2025, up 13% year on year.
Group EBITDA - a measure of performance - was also up %5 on the previous year to £11m.
The Falmouth-headquartered company made significant progress overseas during the period, with international sales representing 11% of the total revenue, up from 7% a year earlier. The business launched its first US store in September.
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The group reported a "record-breaking year" for its bricks and mortar stores, with sales up 8% on the previous year. Seasalt said growth in footfall had contributed to delivering like for like growth of 2% on a 52-week basis, building on 9% the prior year.
Over the year, Seasalt opened stores in Glasgow, Rushden Lakes and Wexford, as well as relocating the store in Cribbs Causeway, Bristol. It is understood that all the company's branches that have been open for more than 12 months are profitable.
Online revenues, meanwhile, grew 8% year on year, and Seasalt said it had made "significant progress" growing relationships with retailers including Marks & Spencer, Next and Zalando.
“The trading period under review represents another strong year of revenue for Seasalt," said Paul Hayes, chief executive. "We have continued to grow our store portfolio in the US, Ireland and here in the 海角视频."
Mr Hayes added: "As always, we are not content to rest on our laurels, despite ongoing global uncertainty and economic challenges, we are concentrating on our growth plans for the year ahead, with a particular focus on our partner channels where we see significant opportunity, along with expanding our own store portfolio in tandem."
Seasalt, which was established in Penzance in 1981, also achieved B Corp status over the year.