revenues surge by 62%

David Prior's picture
by David Prior

Manchester-based saw its revenues grow by 62% last year, in line with market expectations.

The online fashion retailer, which raised £300m through an initial public offering earlier this month, said revenues rose to £109m for the year to the end of February.

Earnings before interest, taxes, depreciation and amortization for the period inceased 200% on the previous year.

The company said in a statement: "This continued strong growth is being generated by's rapidly expanding customer base both in the UK and overseas." was set up in 2006 by Mahmud Kamani and his business partner Carol Kane. Following its first day of trading on March 14, the company was valued at £560m.

It will announce full-year figures on June 12.

Enjoyed this? Get our latest updates in your inbox every day

Subscribe to Prolific North’s morning newsletter to keep up with all the most important things going on in your sector.