Womenswear retailer Roman grew sales by 13.6% to £55.5m for the year ended December 31 thanks to an expanded retail portfolio and improved product ranges, but its profits fell from £3.4m to £1.2m.
Roman spring 16
Roman spring 16
Gross profit margin also fell by 4% year on year. The company said turnover and profitability will be maintained in the forthcoming year.
Roman employed 964 people by the year end, up from 918 in 2014.
Roman Originals was established in 1970 by Peter and Erich Christodoulou as a manufacturer, previously supplying retailers such as Arcadia Group with womenswear ranges.
It opened its first store in 1995 and now has about 100 staff at its Birmingham head office, with in-house design and sampling capabilities. It began the transition to become known as Roman a couple of years ago.
Typical retail prices for its dresses are between £30 and £40.
The company was at the centre of a social media debate in February last year after a picture of a dress was posted online that some people see as white and gold, but actually is black and blue.
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