Mountain Warehouse news and archive

Mountain Warehouse plans 50 store openings next year

Outdoor retailer Mountain Warehouse is set to open 50 new stores next year as it continues pursuing its UK and international expansion strategy. The news was confirmed to The Times, where it was stated that the 50 new locations will be situated globally. The new stores will include 21 locations in the UK, including a resizing of its Covent...

Mountain Warehouse secures $10 million rescue deal for Eastern Mountain Sports

Outdoor apparel retailer Mountain Warehouse has secured a deal to acquire the main assets of bankrupt Eastern Mountain Sports (EMS). The UK retailer has agreed to pay 5 million USD for the New England retailer EMS brand, website, and seven profitable stores. In addition, Mountain Warehouse is set to pay another 5 million USD more for other...

Business

Mountain Warehouse makes bid for Eastern Mountain Sports assets following bankruptcy

Outdoor apparel retailer Mountain Warehouse has emerged as the stalking horse bidder in an acquisition process of bankrupt Eastern Mountain Sports (EMS), leading to the possible closure of a number of the latter’s stores. Mountain Warehouse did confirm that if the alliance was to go ahead it would continue to operate seven stores under the EMS...

Retail

Mountain Warehouse prepares retail expansion amid sales bounce back

UK outerwear company Mountain Warehouse has said that it will be opening a new retail space every week in the run-up to Christmas as it reports a post-pandemic bounce back in sales. The retail expansion comes on top of 35 new stores last year, with the company stating that it is planning to open a further 50 more locations in the next. It comes...

Business

Mountain Warehouse posts recover full-year sales

Mountain Warehouse has reported record full-year sales that surpassed the 300 million pound mark for the first time. The British outdoor retailer made revenue of 302.6 million pounds in the year to February 27, 26.1 percent higher than a year earlier and 2.6 percent higher than pre-pandemic levels two years earlier. Retail sales jumped 54.3...

Retail

Animal relaunches online with eco-friendly offering

British fashion and lifestyle brand Animal is relaunching for summer 2021 with 400 sustainable products. Poole-based Animal ceased trading a year ago citing an “extremely challenging retail market,” worsened by Covid-19. At the time, previous owners, H Young Holdings PLC couldn’t find any takers for the brand, however, Mountain Warehouse has...

Business

Mountain Warehouse posts 16.2 percent rise in Christmas sales

Mountain Warehouse has reported 16.2 percent growth in sales over the Christmas trading period to 95.8 million pounds (125.7 million dollars). The company said in a statement that it also saw a bumper Black Friday with sales of over 2.5 million pounds and the group on track for record full-year profits. Commenting on the Christmas trading, Mark...

BusinessFeatured

Mountain Warehouse continues to post record sales

The UK’s leading outdoor clothing retailer Mountain Warehouse has reported its 22nd year of consecutive sales growth, with sales up 13 percent to 255 million pounds for the 12 months to February 24, 2019. Pre-tax profits increased 14 percent to a record 23.7 million pounds, which the outdoor clothing brand stated was driven by strong demand...

Business

Mountain Warehouse's like-for-like Christmas sales soar 33.1 percent

Mountain Warehouse reported 33.1 percent jump in its like-for-like sales, while sales from its online platform rose 76.6 percent, reports The Retail Bullentin. The company said that it catered to almost 1.5 million customers during the festive season. The company’s international sales also increased 43 percent. The outdoor clothing and equipment...