John hargreaves 2015
It has been a quieter year for The Hargreaves family businesses this year, after a busy 2015. The family stills has fingers in many pies, including control of Matalan, Wolsey, Fenn Wright Manson and Nicole Farhi, and shares in denim brand Blk Denim and womenswear brands Julien Macdonald and Damsel in a Dress.
Matalan has had its ups and downs this year. Its EBITDA soared 570% to £15.4m for the 13 weeks to 27 August, after the retailer fixed problems at its distribution centre in Knowsley. But, although full-price sales were up year on year, overall sales dipped 7% to £245.5m for the quarter. We hope to see more from the Hargreaves family, including John Hargreaves (pictured), next year.