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Hunter Boot increases turnover by 9.8%

British retailer Hunter Boot increased its turnover by 9.8% last year to £81.7m, as its wellies prove popular both in the UK and overseas.

In accounts filed at Companies House, the retailer reported that profit on ordinary activities before tax was up 7.4% to £14.6m in the year to December 31, 2013.

Hunter chief executive James Seuss told the Daily Telegraph: “We have seen revenue growth across our key markets across the business globally. We have seen an increase in online sales in our major markets, the UK and US, as well as on our Canadian website, launched in 2013.

“Our wholesale business in North America has been particularly strong, which is reflected in these promising results. We are pleased with this year’s performance and with the launch of our London flagship store and new website; we hope to build on this success.”

Hunter Boot will open its Regent Street flagship store at the end of October and launched its new website last week.

The retailer, which was founded in Scotland in 1856, has been majority owned since 2011 by private equity group Searchlight Capital Partners.

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