Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Barbour paid out £30m in dividends to its founding family last year after annual profits rose 26 per cent, accounts show.
The wax jacket maker, a country favorite and a favorite among royals including the Princess of Wales, has soared in popularity thanks to links with stars such as Alexa Chung.
Pre-tax profit for the year to the end of April rose from £36.4m to £45.8m, thanks to cost-cutting, foreign exchange gains and higher interest rates boosting cash reserve returns.
As a result, it paid £30 million in dividends to the Barbour family, which founded the company in 1894 and continues to control it. No dividends were paid in the previous year.
Traditionally a staple of country chic and worn by royalty including the Princess of Wales (pictured), Barbour has grown in popularity in recent years
Although profits rose, turnover fell 6.2 per cent to £321.8m.
Performance outside the UK, Europe and North America was the best, with growth of 22.5 per cent to £81.4m.
Turnover in Europe rose from £79.5m to £81.4m, but UK sales fell 13 per cent to £164.1m.
“Despite the current uncertainty and market contraction, we believe in sustainable long-term growth for our business,” Barbour said in its reports.
‘We strongly believe that there are many exciting and accessible markets around the world.’
DIY INVESTMENT PLATFORMS
AJ Bell
AJ Bell
Simple investment and ready-made portfolios
Hargreaves Lansdowne
Hargreaves Lansdowne
Free fund trading and investment ideas
interactive investor
interactive investor
Flat investment from £4.99 per month
Saxo
Saxo
Get £200 back in trading fees
Trading 212
Trading 212
Free trading and no account fees
Affiliate links: If you download the This is Money product you can earn a commission. These deals have been selected by our editorial team because we think they are worth highlighting. This does not affect our editorial independence.
Compare the best investment account for you
