Aspinal revenue rises, profits decline
03/01/2025
Luxury leathergoods brand Aspinal of London saw a 9% revenue increase to £38.6 million ($48 million) for the year ending March 2024. However, profits fell as the company invested heavily in international growth, with adjusted EBITDA dropping 27.4% to £5.3 million ($6.5 million) due to increased marketing expenditure. Operating profit before...