Footasylum reports record revenue as UK and international expansion accelerates

Footasylum has reported record revenue of £352.5m for the 53 weeks to 31 January 2026, up 0.9%, while EBITDA fell 22.5% to £38.5m amid a weaker consumer backdrop, increased promotional activity and higher UK employment costs.

What happened

Footasylum has reported record revenue of £352.5 million for the 53 weeks to 31 January 2026, up 0.9%, while EBITDA fell 22.5% to £38.5 million amid a weaker consumer backdrop, increased promotional activity and higher UK employment costs.

Why it matters

The clothing and footwear retailer opened six stores during the year, bringing its UK estate to 67 locations. It is continuing to expand, with new stores planned in Glasgow, Leeds and Merthyr Tydfil, alongside upgrades to its Manchester Trafford Centre and Arndale locations.

Internationally, the business is also preparing to open its first stores outside the UK through its partnership with Apparel Group. The deal will see around 40 stores planned across the Middle East over five years, with the first opening at Reem Mall in Abu Dhabi in December, followed by Al Shubaily Grand Mall in Saudi Arabia in January 2027.

Footasylum said ASICS, Berghaus and Trailberg were among its strongest-performing brands during the year, while Hoka was also added to its offering.

This news brief is based on reporting published by TheIndustry.fashion on 2026-10-08. The original report is linked below.