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Sales up at Cheaney

Footwear business Joseph Cheaney & Sons had a 4% increase in turnover to £10.3m in its latest full-year results, fuelled by retail expansion.

joseph cheaney

joseph cheaney

The retailer and brand said all channels performed well in the year to 31 July, and sales were up across retail, wholesale, and online.

EBITDA has increased by 7% to £1.8m for the year.

The company will open its eighth store in October 2018 in Coal Drops Yard, in London’s Kings Cross.

Cheaney’s joint managing director, Jonathan Church said: “Cheaney has delivered another year of strong growth, and continues to perform wel,l especially in Cheaney branded sales, reflecting the growing appeal of our own brand and the consumer’s appreciation of quality hand-crafted footwear.”

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