Sales at surf and lifestyle brand Hot Tuna rose 68.2% to £619,131 for the year to June 30, against sales of £367,992 in 2006.
However, losses widened to £3.7 million against £2m the year before. Chief executive Niels Juul said performance would improve next year following a strategic review and restructure. He said: “I’ll oversee the design process and will pursue partnership opportunities. We look forward to realising the brand’s potential over the coming year.”