Footasylum news and archive

Footasylum CEO exits, search for successor underway

The chief executive officer of Footasylum has exited the company. David Pujolar is reported to have left the business this week, with Stephan Rahmede, a senior representative for Aurelius WaterRise, to take over in an interim capacity. The news was confirmed by the footwear retailer to multiple media outlets, including FashionNetwork, yet the...

Retail

Footasylum to open new “landmark” store in Leeds

Footwear and sportswear retailer Footasylum is opening a new “landmark” store in the Trinity Leeds shopping centre in April, after a successful pop-up store in the centre last year. The new 12,000-square-foot store will be located on the lower ground floor, in the unit previously occupied by Superdry and opposite Mango. The retailer said the...

Retail

UK retailer Footasylum enters Middle East market with Apparel Group

In a move that signals an evolution of its global growth strategy, leading UK-based footwear and sportswear retailer Footasylum has announced a strategic partnership with Apparel Group, the Dubai-headquartered retail conglomerate. The agreement is designed to accelerate Footasylum’s presence across the Gulf Cooperation Council (GCC), marking the...

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Business

Footasylum: Mad Agency becomes distribution partner for Germany and Austria

British sportswear retailer Footasylum announced a “strategic partnership” with Cologne-based distribution agency Mad Agency on Monday. The collaboration aims to drive growth in the DACH region, according to a statement. Mad Agency will represent Footasylum's private labels as an “exclusive distribution agency” in Germany and Austria. The...

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Business

Footasylum announces record FY25 results and continued growth

Footasylum, an omnichannel retailer specialising in footwear and sportswear, has announced its audited financial results for the year ended January 25, 2025 (FY25), alongside an update on its current trading performance, showcasing another year of significant growth. For FY25, Footasylum reported a 9.4 percent increase in total revenue to 349.5...

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Business

Record profit for Footasylum: Strategic initiatives drive success

Sportswear retailer Footasylum has reported a 9.4 percent increase in revenue to 349.5 million pounds (453.5 million dollars) for FY25, according to its unaudited results. Underlying EBITDA for the year rose 26 percent to 28.2 million pounds, operating profit increased 123 percent to 23.3 million pounds and pre-tax profit jumped 188 percent to...

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People

Footasylum announces two senior executive appointments

Footasylum has announced the appointments of Will Van Rensburg as chief commercial officer and Glen Wilkinson as senior buying director. These appointments, the company said in a statement, follow the arrival of David Pujolar as CEO in March 2024. Since joining, Pujolar has realigned the organisation and strengthened its executive leadership...

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Business

Footasylum secures 35 million pound funding to support growth plans

Footwear retailer Footasylum has announced that it has secured a 35 million pound Revolving Credit Facility (RCF) from banking firm HSBC UK which it will use to help accelerate its growth plans across the UK and international markets. The retailer, which was acquired by investor Aurelius in August 2022, revealed that the RCF funding package...

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Business

Footasylum posts strong FY24 trading results

Footasylum’ revenues for the full financial year increased by 7 percent to 319.5 million pounds, while online sales were up 15 percent to 134.9 million pounds and now account for 42.2 percent of total sales. In March, the company appointed David Pujolar as CEO, who has previously worked at AW Lab, Adidas, Foot Locker and Tommy Hilfiger. “We are...

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Business

Footasylum names new CEO, Barry Bown exits

Footwear retailer Footasylum has announced the appointment of a new chief executive officer as its current head and chairman, Barry Bown, prepares to step down. David Pujolar has now moved into the helm position, according to various news outlets, while Bown, who has been with the company since 2018, is to take on a consultancy role with...

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Business

New store openings boost Footasylum's results in FY24

Footasylum's unaudited revenue for the year increased 7 percent to 320 million pounds and EBITDA increased 38 percent to 22 million pounds. Commenting on the trading update, Barry Bown, executive chairman and CEO of Footasylum, said: “With the support of Aurelius, we have expanded Footasylum’s unique offering across the UK’s busiest high streets...

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Retail

Footasylum opens 10,000 square foot store amid retail expansion

Sportswear retailer Footasylum has unveiled a refreshed store concept in a new 10,000 square foot retail space at Lakeside in West Thurrock, Essex. Among the footwear and men’s apparel offerings housed in the store, the interior also features a renewed take on the retailer’s digital capabilities that looks to create a “seamless” mobile-first...