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AllSaints records biggest EBITDA in its history

AllSaints has recorded the biggest EBITDA in its history of £24.4m for the year which ended on January 31, up 41% on the previous year.

Turnover was up 6% to £231.1m, which chief executive William Kim said reflected AllSaints’ evolution as a “premium luxury brand”.

Approximately half of revenues now come from overseas and the company has 2,675 employees, with an average age of 27.

The firm opened its first stores in South Korea last year and this year launched in Taiwan. It opened its first franchise store in the Middle East with partner Majid Al Futtaim on September 28. The 6,000 sq ft store opened in a new wing of the Mall of the Emirates in Dubai.

The company also launched its first wholesale collection of bags for autumn 15 and will introduce a new range of shoes with footwear distributor Camuto Group for spring 16.

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