THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
CX
Department Stores
Desert Island Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
TRB conference review
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Uncategorized
Retail Events
People in Retail Awards 2024
Retail Ecom North
Retail HR North 2025
Retail Omnichannel Futures 2025
Retail HR Central 2025
The Future of The High Street 2025
Retail Ecom Central
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Dune hires KPMG to find new investors

Footwear brand Dune has appointed KPMG to find new investors for the business The news follows strong financial results for the company in the year to… View Article

FASHION RETAIL NEWS UK

Dune hires KPMG to find new investors

Footwear brand Dune has appointed KPMG to find new investors for the business

The news follows strong financial results for the company in the year to January 2023 when turnover increased to £139 million from £109 million a year earlier. The group also grew its EBITDA to £10.1 million from a previous £6.7 million.

In a statement, Dune founder and chairman Daniel Rubin said: “Having spent 47 years in the footwear industry the time is right to realise the investment I have made in Dune. The business is strong with a first-class management team and exciting growth opportunities, both in the UK and internationally.”

In the year to January, Dune made significant changes to its business model. This included reducing its number of department store concessions, restructuring its store portfolio and expanding its international and online operations.

Dune plans to open 25 new standalone stores in the UK over the next three years while continuing to invest in its digital capability.

It is also continuing to grow its international operations, which currently account for 35% of sales and are set to increase to 50% by 2026.

Rubin added: “I have always had a passion for the product, and I am fortunate that this passion is shared by the Dune team. Designing and producing beautiful shoes and accessories is a key ingredient to the brand’s success.”

Subscribe For Retail News