Latest news with #WeirdFish
Fashion United
4 days ago
- Business
- Fashion United
Weird Fish Limited reports strong sales and profit growth in 2024
Weird Fish Limited, the casual lifestyle clothing and accessories company, has announced a period of robust financial growth for the year ended December 29, 2024. Turnover for the year improved to 42.6 million pounds and the company reported operating profit of 4.17 million pounds, profit before tax of 2.94 million pounds, while net profit rose to 2 million pounds. The gross margin improved by 8 percentage points, reaching 63.4 percent, attributed to reduced discounting and improved intake margin. The company said in a filing with the Companies House that the company's strategic initiatives, including route to market optimization, physical expansion, and margin improvement, have contributed to this strong performance. Weird Fish opened six new retail stores and 28 concessions during the year, alongside accelerated investment in third-party platforms including Next, Mountain warehouse, Freemans and Matalan, to expand brand awareness. Online revenues grew by 16.8 percent to 20.9 million pounds, and the retail division saw a 7.6 percent growth to 15.6 million pounds. International revenues also increased by 8.5 percent to 1.36 million pounds, aided by the introduction of Global-e in 2024. The company added that challenges such as the increased cost of living, inflation, and rising wage costs continue to put pressure on the business. Looking ahead, Weird Fish plans further expansion in the UK, aiming to open an additional 10 retail sites and 15 concessions in 2025. The focus will remain on enhancing product ranges, improving margins, and investing in people and systems.
Fashion Network
4 days ago
- Business
- Fashion Network
Weird fish has strong 2024, performance continues into 2025
Sustainable fashion brand Weird Fish continues to report strong results with the company having filed its 2024 figures and also saying that Q1 2025 saw sales jumping 16% to £9.7 million. It comes after the company had earlier said that it expected to open 10 new locations in 2025 following its 9% sales rise to £11.4 million in the November-December festive trading period. It had also seen double-digit increases in wholesale, e-tail, via its concessions and third-party channels for the Christmas season — with third-party seeing a 128% surge. Its third-party partners include Next, Mountain warehouse, Freemans and Matalan. So what about those full-year 2024 results? Weird Fish Holdings Limited said it saw turnover rising to £42.6 million from £38.2 million last year. Gross profit was £27 million, up from £21.26 million, and operating profit was £4.17 million, up from £1 million a year earlier. Profit before tax was £2.94 million, more than double the £1.34 million of the previous period. And net profit was £2 million, up from £1.1 million a year ago. Within the business, another company, Weird Fish Limited, reported the same turnover and gross profit figures with slight differences on operating profit. In this case, profit before tax was £4.2 million, up from £1.4 million and net profit was £3.3 million up from £1.1 million. Weird Fish Holdings highlighted the ongoing strategic opening of resort and destination stores to balance its multi-channel offering that continues to pay dividends with its retail division growing by 7.6% to £15.6 million. Online revenues also grew 16.8% to just under £20.9 million with its channel contribution growing 44.1% as it successfully focused on an increase in average transaction value and building margins. Meanwhile international revenues increased by 8.5% to £1.37 million. This was a combination of sales via both e-commerce and B2B channels. The introduction of Global-e in 2024 was a key element in driving international revenues, it said. Pleasingly as well, following 'attrition in 2023', its wholesale business has developed 'on a stronger base of accounts with revenue increasing by 3.2%' to £6 million. In the commentary that came with the figures, the company said it performed very strongly during the period, 'having implemented a number of case strategic improvement initiatives during the year'. These included continued route-to-market optimisation, with accelerated investment in delivering third-party platforms in order to expand its reach and brand awareness. It also undertook a considered physical expansion with six new stores and 28 concessions opened in the year. The margin improved as well with a particular initial focus on full price. And it paid great attention to sourcing during the year, which helped boost the gross margin. It added that the pace of operational improvement has continued into 2025 as its strategic initiatives continue to be delivered and expanded, including enhancing its product ranges. The company explained that the developments have been 'very positively received' and it has seen a further increase in profitability this year so far. It also said that despite the continued cost pressures on retail businesses, the firm continues to be committed to paying at least the real living wage to all directly employed staff and it will continue to be a strong advocate of sustainable practices. Its partnership with Newlife to save customer returns and end-of-line stock from landfill helps to raise money for Newlife's charitable work for children and during 2024 the company donated 549 boxes of garments to the charity for repurposing. Its collaboration with RSPB also continues into its 15th year.
Fashion Network
4 days ago
- Business
- Fashion Network
Weird fish has strong 2024, performance continues into 2025
Sustainable fashion brand Weird Fish continues to report strong results with the company having filed its 2024 figures and also saying that Q1 2025 saw sales jumping 16% to £9.7 million. It comes after the company had earlier said that it expected to open 10 new locations in 2025 following its 9% sales rise to £11.4 million in the November-December festive trading period. It had also seen double-digit increases in wholesale, e-tail, via its concessions and third-party channels for the Christmas season — with third-party seeing a 128% surge. Its third-party partners include Next, Mountain warehouse, Freemans and Matalan. So what about those full-year 2024 results? Weird Fish Holdings Limited said it saw turnover rising to £42.6 million from £38.2 million last year. Gross profit was £27 million, up from £21.26 million, and operating profit was £4.17 million, up from £1 million a year earlier. Profit before tax was £2.94 million, more than double the £1.34 million of the previous period. And net profit was £2 million, up from £1.1 million a year ago. Within the business, another company, Weird Fish Limited, reported the same turnover and gross profit figures with slight differences on operating profit. In this case, profit before tax was £4.2 million, up from £1.4 million and net profit was £3.3 million up from £1.1 million. Weird Fish Holdings highlighted the ongoing strategic opening of resort and destination stores to balance its multi-channel offering that continues to pay dividends with its retail division growing by 7.6% to £15.6 million. Online revenues also grew 16.8% to just under £20.9 million with its channel contribution growing 44.1% as it successfully focused on an increase in average transaction value and building margins. Meanwhile international revenues increased by 8.5% to £1.37 million. This was a combination of sales via both e-commerce and B2B channels. The introduction of Global-e in 2024 was a key element in driving international revenues, it said. Pleasingly as well, following 'attrition in 2023', its wholesale business has developed 'on a stronger base of accounts with revenue increasing by 3.2%' to £6 million. In the commentary that came with the figures, the company said it performed very strongly during the period, 'having implemented a number of case strategic improvement initiatives during the year'. These included continued route-to-market optimisation, with accelerated investment in delivering third-party platforms in order to expand its reach and brand awareness. It also undertook a considered physical expansion with six new stores and 28 concessions opened in the year. The margin improved as well with a particular initial focus on full price. And it paid great attention to sourcing during the year, which helped boost the gross margin. It added that the pace of operational improvement has continued into 2025 as its strategic initiatives continue to be delivered and expanded, including enhancing its product ranges. The company explained that the developments have been 'very positively received' and it has seen a further increase in profitability this year so far. It also said that despite the continued cost pressures on retail businesses, the firm continues to be committed to paying at least the real living wage to all directly employed staff and it will continue to be a strong advocate of sustainable practices. Its partnership with Newlife to save customer returns and end-of-line stock from landfill helps to raise money for Newlife's charitable work for children and during 2024 the company donated 549 boxes of garments to the charity for repurposing. Its collaboration with RSPB also continues into its 15th year.
Wales Online
16-05-2025
- Entertainment
- Wales Online
Weird Fish shoppers find 'new favourite' summer dress with pockets now reduced by £17
Weird Fish shoppers find 'new favourite' summer dress with pockets now reduced by £17 The 'flattering' summer dress comes in four different prints and is made from 100% organic cotton The 'flattering' Weird Fish dress is perfect for summer days (Image: Weird Fish ) Fashion fans are stocking up their wardrobes with easy-to-wear, breezy and stylish summer dresses for less by shopping a deal stack available at Weird Fish. The clothing retailer have discounted several styles by 25% and if customers apply the code CLUB15 at checkout, they can nab an extra 15% off. One popular piece, the Suffolks Printed Jersey Dress is on sale down from £45 to £33.75, but has been reduced even further to £28.69 with the deal. The dress is designed to fall just above the knee and it's available in four patterns. The print Aqua Marine is proving to be a bestseller, with only a few sizes left in stock, however, the other three are still stocked in UK 8 to 22. The Suffolks Printed Jersey Dress is a new take on the much-loved Tallahassee dress, which is also on sale for the same price here. It features the same 'flattering' shape with a V-neckline and bigger side pockets. It boasts no side fastenings, ensuring it won't look bulky, and gives an effortlessly cool look. READ MORE: Female-friendly sexual wellness brand's site-wide sale includes 'discreet and powerful' toys READ MORE: I ordered the 'perfect' Roman maxi dress and it completely hides my tummy As the style is made from 100% organic cotton, it's a wearable option now the weather is warming up. One customer said they 'use it for the beach' as the breathable fabric keeps them cool and comfortable and another wrote: "Lovely dress well made and good fit ideal for summer days and my holiday in Spain." Suffolks Organic Cotton Printed Jersey Dress £45 £28.69 Weird Fish Get Deal Product Description Shoppers can choose from four colours. Plus, the versatile number can be styled all kinds of ways depending on the season, making it a great investment. A customer pointed out that it can be 'worn with leggings' in the autumn and winter, as well as bare legs in the spring and summer. It has been noted several times by customers that the addition of pockets is much appreciated. A five star review reads: "I love the neckline of the Suffolks dress! It's a lovely dress, comfortable, easy to wear, perfect fit and length, and has pockets! I think I may well have a new favourite!" And another says: "Love the neckline. Perfect fit as always. Pockets are great too." Add a pop of colour into wardrobes with the print Aqua (Image: Weird Fish ) Another cotton summer dress shoppers are enjoying is the Megan Midi Dress from White Stuff. It's £65 and comes with the choice of regular and petite, a feature that the Weird Fish dress could benefit from. Customers of the Weird fish dress have said that they 'love the style' but 'would love it even more if it was a couple of inches longer'. Article continues below A cotton summer dress that is longer in length, falling just above the ankle, is the Roman Cotton Strappy Tiered Midi Dress. Available in blue or red, adding a pop of colour to any wardrobe, the £38 piece was 'great' for one shopper's 'Greek holiday'. Those that have fallen in love with the Suffolks dress can get it on sale at the Weird Fish website. Overall thoughts from customers are that the 'cotton is beautifully soft', the patterns feature 'lovely colour combinations' and some are 'so pleased' they've 'ordered another one in a different colour'.
Daily Mirror
14-05-2025
- Entertainment
- Daily Mirror
Weird Fish broderie shirt dress is the perfect summer officewear and its 25% off
If you're looking for the perfect summer work dress, Weird Fish's broderie cotton shirt dress with pockets is a great pick, and it's now got 25% off in a flash sale Workwear can be a particular struggle in the summer, as trying to balance office-appropriate outfits with the soaring temperatures can often leave you feeling hot, sweaty and uncomfortable. However we've spotted the perfect option at Weird Fish, with the Alinda Cotton Broderie White Shirt Dress managing to combine semi-formal design with a breezy, comfortable material. The Broderie Shirt Dress is usually priced at £85, but thanks to Weird Fish's flash sale you can currently save 25%, bringing the price down to £63.75. Plus, shoppers can currently save an extra 15% with the code CLUB15, slashing the price to £54.19. It has a classic style that's easy to wear, and is made from 100% cotton, which means it's lightweight and sweat-wicking – perfect for the heat. Cotton is a great choice for summer clothing, as it's breathable enough to help keep you cool. The Alinda Broderie Shirt Dress has a full cotton lining, which helps provide extra coverage, whilst the outer is also made from soft cotton with a cut out broderie design. It has a sleeveless style which adds to the comfortable, breezy design that's a must for summer, but the collared neckline and midi length hemline both mean it's still perfectly appropriate to wear to work. The dress also has a matching tie waist belt too to help cinch in the waist for a more defined shape, or you can remove it completely for a more relaxed silhouette. It fastens with mock shell buttons, and one of its best features is the side pockets – because everyone loves a pocket. If you prefer to keep your upper arms covered, New Look has some great short sleeved options. The White Devore Belted Midi Shirt Dress is £49.99 and comes in both white and butter yellow, whilst the White Broderie Anglaise V-Neck Midi Shirt Dress is more affordable at £34.99 and comes in white, khaki and baby blue options. For those who prefer slightly more voluminous silhouettes, Boden's Anna Double Cloth Midi Dress is £98, has short sleeves and a tiered midi skirt and comes in petite, regular and long lengths with sizes 4 to 22 available. Meanwhile Boden's Wren Broderie Midi Dress is sleeveless, with a tiered A-line midi skirt and fitted bodice that's perfect for more formal dressing. However if you're eyeing up Weird Fish's Alinda Broderie Shirt Dress, it's currently still available in sizes 8 to 22 and has free next day delivery.
