Joe Browns the fashion and homes retailer, shared its full year results to 30 June 2022 today (4 May 2023) which was recently filed at Companies House (31 March 2023). The retailer celebrated its strongest year to date set against the well-documented backdrop of external economic pressures with both sales and profit up 20.9 per cent and 7.8 per cent respectively.
| Full Year to June 2022 | 2022 | 2021 | % |
| Turnover | £47.3m | £39.1m | +20.9 per cent |
| Profit | £4.2m | £3.9m | +7.8 per cent |
| Womenswear | +18.4 per cent | ||
| Menswear | +34.7 per cent | ||
| Home | +43.6 per cent |
During the year Joe Browns appointed a CEO, Peter Alecock, a first for the company. In addition, it also recently announced (March 23) that it would be searching for sites for ten stores across the UK. Initial discussions on a number of locations, following the announcement, it said were progressing well.
A separate franchise store, a first for the retailer, will open in Bowness-on-Windemere, Cumbria in late Spring 23. Its £2m warehouse upgrade (announced January 2023) had started, with work being completed by July 2023.
Commenting, Peter Alecock, CEO, Joe Browns said: “We are really pleased with both sales and profits to the year ending June 22. It’s testament to the amazing team we have here at Joe Browns across every area of the business and I wanted to take the opportunity to thank everyone involved.
“We expect the external trading environment to remain challenging. As such creating stand-out, remarkable product has always been central to the Joe Browns business and this ethos has never been more important than today.”
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