Clarks reports increased revenues


Clarks reports increased revenues

Footwear specialist Clarks has reported revenues of £920.3 million for the year to 31st January 2022, which is up by 18 per cent on the prior year. Its pre-tax profit also rose to £55.4 million as compared with a loss of £180.2 million.

The business had embarked on a strategy to transform the business which had involved the loss of 900 jobs and had worked to reduce discounting in its stores and online.

A Clarks spokesperson commented; “Although the global economic climate remains uncertain, we’re pleased to report a steady increase in consumer demand across all our markets, with profit after tax of £55.4 million.”

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