Sweaty Betty cuts jobs as brand returns to profit

Sweaty Betty returns to profit for first time in three years

Activewear brand Sweaty Betty has revealed that it made a profit of £1.5m during 2024, compared with a £13.4m pre-tax loss the year prior, its first profit since 2021. In accounts submitted to Companies House, the business stated that it also reduced its headcount from 990 to 903 staff members over the period. Despite this, the company’s sales were down, falling from £144.2m to £140.4m, while its UK revenues slumped from £116.4m to £111m, and US…

Sweaty Betty returns to profit for first time since 2021 - Retail Gazette

Activeware brand Sweaty Betty cut jobs during its latest financial year, as it swung back to profit for the first time since 2021. The sportswear specialist made a profit of £1.5m over 2024, compared to a £13.4m pre-tax loss the year prior, Companies House accounts reported. The business also reduced its headcount from 990 to 903 staff members over the period. Sales were down over the year, falling from £144.2m to £140.4m. UK revenues slumped fr…

Sweaty Betty reverses losses but warns on 'risk'

Drapers Sweaty Betty reverses losses but warns on ‘risk’ Operating profits at Sweaty Betty are in the black for the first time since 2021.The post Sweaty Betty reverses losses but warns on ‘risk’ appeared first on Drapers.

Sweaty Betty cuts jobs in overhaul as it posts 1.5m profit in 2024

UK activewear retailer posts profit for the first time since 2021

Sweaty Betty cuts jobs as brand returns to profit

Fashion brand Sweaty Betty cut almost 100 jobs as it returned to profit for the first time since 2021. The London-headquartered business cut its workforce from 990 to 903 employees as it recovered from a pre-tax loss of £13.4m to a profit of £1.5m in 2024. New accounts filed with Companies House have also revealed that the brand’s turnover declined over the same period from £144.2m to £140.4m. Sweaty Betty was founded by Tamara and Simon Hill-No…