Wolf & Badger reports record festive trading
Wolf & Badger has reported record trading in the lead-up to Christmas as more shoppers sought out its gifts and fashion from independent ethical brands.
Furthermore, the retailer posted 15% revenue growth for 2023.
Primarily an online retailer, Wolf & Badger now also operates physical stores in London, New York and Los Angeles, and is currently in the process of exploring opportunities for further expansion.
Wolf & Badger maintained consistent profitability throughout the year which meant it reported its first full-year EBITDA profit.
George Graham, chief executive and co-founder of Wolf & Badger, said: “We are delighted to have continued to deliver growth alongside profitability in 2023, despite undoubtedly challenging market conditions.
“These results are a testament to the incredible dedication of our team and the passion we all share for promoting independent ethical brands.
“As we head into 2024, we remain steadfast in our commitment to providing a platform that stands as a fair and viable alternative to mainstream retail, allowing our customers to shop with purpose and moreover providing greater opportunities to independent brands worldwide.”
Wolf & Badger was founded in 2010 by Graham and his brother Henry.