Vivienne Westwood Ltd, the late designer’s UK business, has filed its accounts for 2024 with the company reporting higher revenue and rising profits as well as a much higher dividend payment.
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Revenue during the period increased from £133.22 million to reach £155.09 million. That's a 16.4% increase but it came as retail store sales fell by 3.6% and online sales fell by 53.1%. This was mainly due to the restructuring of e-commerce, which is now split with its sister company in Italy.
The decision for the split came about in wake of Brexit and while the UK company is ultimately “responsible for the e-commerce project in its entirety”, it only now actually manages the UK market. From September 2023 the rest of the world has been managed and distributed by Vivienne Westwo

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