Home Money Oliver Sweeney gives his best with record earnings

Oliver Sweeney gives his best with record earnings

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Suit and boots: the shoemaker now sells clothes

Suit and boots: the shoemaker now sells clothes

Oliver Sweeney has posted record profits as change accelerates at the men’s fashion group.

Oliver Sweeney, best known for his handmade shoes and boots, was hit hard by the pandemic.

Its retail division went into administration and all seven stores closed.

But the focus on online sales and the move into clothing under boss Tim Cooper has paid off, with profits rising by a quarter to £583,000 in the year to April 2024.

Sales exceeded £9 million, almost a fifth.

The expansion into clothing, including merino wool knitwear and stylish jeans, saw sales grow by more than half, meaning it is on track to overtake footwear within the next year, Cooper said.

The brand is also sold in John Lewis and Next stores.

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