Aspinal of London reports 29% growth for 2022

United Kingdom
Published:  12 January, 2023
Credit: Aspinal of London

Luxury leather goods business Aspinal of London has reported its financial results for 2022, achieving sales growth of 29%.

The company totalled £29.8 million (US$36.2 million) in the year ending December 31, 2022, with an adjusted EBITDA of £5.5 million (US$6.69 million), an increase of 57% year-on-year.

Gross profit for Aspinal of London rose from £12.2 million (US$14.84 million) in 2021 to £17.9 million (US$21.77 million) in 2022, while the company reported net profit of £5.4 million (US$6.57 million) against £4.3 million (US$5.23 million) in the year prior.

Source: Fashion United