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British sportswear brand Fred Perry has revealed that its revenues rose by 10.4% to £112.m in its full-year results, while pre-tax profit totalled £11.7m, increasing from the £7m reported the prior year, despite the effects imposed by the pandemic.
The retailer, which is mainly known for its polo shirts, has filed its 2021 full year results late due to a compulsory strike-off notice filed by the Registrar of Companies.
Elsewhere, gross profits rose to £55.9m from £48.7m for the year ending 31 December 2021.
The brand’s owner, Fred Perry Holdings Limited, has celebrated its 70-year anniversary and has revealed that its future strategy will include embracing quarterly collections to provide “continuous newness and brand nourishing stories”.
In addition, the group will look to emphasise social commerce, as well as focus on social responsibility.
