Berghaus reports loss but focuses on overseas growth
06/09/2012
Sales in international markets increased by 35% in 2011, while sales in the Asia-Pacific region almost doubled.
Brand president Richard Cotter said: “The UK market has been very challenging and has clearly had an impact on our immediate turnover and profit but that merely validates our drive to develop our international markets. Our underlying business is very robust, consumer demand for Berghaus is higher than ever and we are growing internationally."
It reported sales of £56 million in the period, up from £55.6 million the previous year, but saw overall losses of £7 million. The loss was in part due to a substantial write-off when Blacks Leisure Group went into administration in January.
Share this story:
