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In The Style sales soar 130 per cent in first financial update since retailer’s AIM listing

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© Provided by City AM

Fast fashion firm In the Style, which collaborates with reality TV stars and online influencers, toasted booming sales over the last 12 months in its first financial results since it went public last month.

The ecommerce retailer said turnover for the year ended 31 March is expected to be around £44.5m, a 130 per cent jump since the previous year.

Read more: In The Style’s AIM listing to value influencer fashion brand at £105m

Sales growth was driven through transactions on the In The Style app, which increased 400 per cent year on year and represented 55 per cent of total sales.

In The Style, which listed on London Stock Exchange’s growth market AIM in March, said the number of new customers using the platform increased 19 per cent to 420,000.

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