The Founding father of Your Clothes in Peterborough Enters the Sunday Occasions Wealthy Record

Andrew Killingsworth, Founder and CEO of Your Clothes.

In accordance with the Sunday Occasions, Andrew Killingsworth (58) is ranked 976th together with his web price, totaling £122 million.

Her inclusion within the prestigious annual of the richest individuals in Britain comes after her plus dimension vogue enterprise confirmed a web price of £19.8 million in 2018/2019.

The Sunday Occasions states that his enterprise made a revenue of £13.6 million on gross sales of £105.9 million in the identical interval, bringing it to £120 million.

This can be a actual story of riches for Mr. Killingsworth, who began his enterprise promoting clothes at a market stall in Leighton’s Buzzard.

Now the style retailer, which was named Enterprise Particular person of the Yr on the 2016 Peterborough Telegraph Enterprise Awards 2016 employs 1,200 staff and has just lately moved to a £4 million new campus in Bakewell Highway, Orton Southgate .

Earlier than the outbreak of the coronavirus pandemic, Your Clothes had reported that its progress was pushed by a concentrate on higher high quality, extra related seasonal merchandise and higher shopping for methods.

It mentioned gross sales at its shops, which additionally embrace its males’s chain, Barrino’s, grew 20 p.c 12 months over 12 months, whereas on-line gross sales grew almost 18 p.c.

Over the course of 12 months, the corporate opened 26 new shops and likewise established a presence in Dublin and launched three shops in northern Germany.

It is a story acquainted to many rich people and households included on this 12 months’s Wealthy Record, with the full wealth shared by all 1,000 entries falling 3.7 p.c to £742.6 billion.

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