Club L London FY profits soar 351% amid expansion

Club L London has seen pre-tax profits soar by 351% in its “record” full-year results, rising by £3.1m to £14m, as the womenswear brand continued its international expansion.

Gross profit meanwhile rose by 62% to £37.8m, up from £23.4m the prior year, while profit margins rose from 6.9% to 21.1%.

It comes as the group reported a rise in turnover to £65.9m for the year to March 2025, marking a 48% rise from £44.4m the prior year.

The company said the performance was driven by growth in overseas markets and further investment in infrastructure and technology. 

Revenues rose 90% in the United States, 83% in Australia and 417% in the Middle East, while Europe delivered triple-digit growth supported by new sites launched in local languages across Germany, Poland, the Netherlands and Saudi Arabia.

Club L London said its new US third-party logistics facility had also improved delivery times and strengthened its international distribution network.

Dan Lorenson, chief marketing officer, said: “As a leadership team we’re extremely proud to announce our FY24-25 trading results which have been driven by strong international growth, operational excellence and key investments into tech, people and product. 

“Following on from key infrastructural investments made previously, we’ve been able to scale profitably both domestically and internationally giving us an opportunity to serve our customers better across all borders.”