The UK's premier supplier of corporate clothing, Incorporatewear
Ltd, which services some of Britain's best known and largest
companies, recorded a near 20 per cent increase in year-on-year
sales in its latest published accounts.
The Coleshill-based company which clothes the workforces of,
amongst others, Virgin Atlantic, HSBC and Beaverbrooks saw its
turnover rise to £12.6 million from £10.6 million last
year.
New corporate wardrobe contracts with Nationwide Building
Society and Specsavers are among projects driving sales growth,
allowing the company to maintain operating profit at £0.3
million, despite rising commodity prices and industry costs.
Chris Wood, acting Managing Director, said: "These are exciting
and challenging times for the whole of the corporate-wear sector,
and not least Incorporatewear. Our latest results ably demonstrate,
however, that our clients continue to value our commitment to
quality design, good value and the highest standards of wardrobe
management.
"They also demonstrate that we are adapting successfully to
global economic pressures, particularly from the Far East, where we
have experienced rising labour and material costs."
Incorporatewear, co-founded by celebrity designer Jeff Banks and
others, has announced a series of new contracts in recent months
including:
• roll out of Nationwide uniforms for another 100
branches
• delivery of the first consignment of Virgin Atlantic
uniforms
• and a new worldwide wardrobe for global optician
Specsavers.
The UK's leading corporate clothing supplier has a reputation as
a pioneer of new technology and green solutions.
Incorporatewear is a first-mover in the corporate clothing
sector, offering Odegon DeOdor Tags (a nanotechnology application
that is capable of neutralising odour) and supplying national bus
company Stagecoach with drivers' fleeces made from recycled plastic
bottles.