High end cobblers go from strength to strength
Two of Northamptonshire's historic shoemakers have boosted sales to record levels in the past year as they increased their retail presence and continued to grow exports.
Crockett and Jones and Loake Brothers both filed similar revenues of almost £27m in the financial period ending 28 February 2014. It was Crockett & Jones' 14th successive year of expansion with turnover up 14 per cent to £26.5m and operating profit up 31 per cent to £3.6m. Sales in the UK rose by £1.2m to £11.6m and by £2m overseas to £14.9m.
The fifth-generation family-managed business was founded in 1879 in Northampton, moving to its factory in Perry Street, where it is still based today, in 1897
Loake Shoemakers also reported a record result with turnover in the 14 months to the end of February 2014 hitting £26.8m – £23m on a pro-rata basis. This was compared with £21.1m in the previous year. The company said in its accounts that trading had been "exceptionally strong" in the UK (up from £15.8m to £19.4m) and across the world (with exports growing from £5.3m to £7.4m).
FULL STORY HERE | Visit Crockett and Jones website
Church's growth continues ahead of expansion
Prada-owned shoe maker Church's has continued its run of record results as its sales rose for the fifth year in a row. The historic Northampton-headquartered brand, which is currently involved in a massive expansion programme, pushed up turnover by almost 6 per cent to past £36m.
Church's was founded in 1873 and its shoes have been worn on screen by James Bond in the 1990s as well as Daniel Craig in the most recent films in the franchise. Former Prime Minister Tony Blair also owned a "lucky pair" of Church's black brogues which he wore to every session of PM's question time during his time in office.
Sales at the company have climbed from £34.4m to £36.3m in the latest financial period.
FULL STORY HERE
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