News

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...

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