Our year in numbers so far
£1,170.1m
Gross Merchandise Value (GMV)
(HY25: £1,277.4m)
£1,113.5m
Adjusted revenue
(HY25: £1,291.6m)
48.5%
Adjusted gross margin
(HY25: 45.2%)
£64.0m
Adjusted EBITDA
(HY25: £42.5m)
£(92.6)m
Free cash flow
(HY25: £(84.1)m)
£(294.9)m
Net debt (excluding leases)
(HY25: £(275.8)m)
Annual Report 2025
Published December 2025
Regulatory news
01 July 2026 Disposal of Atlanta fulfilment centre
09 June 2026 Director Notification
29 May 2026 Director/PDMR Shareholding
28 May 2026 Lichfield Fulfilment Centre Disposal Completion
11 May 2026 Disposal of Lichfield fulfilment centre
Our strategy
Bringing the most relevant fashion product via an inspirational shopping experience with a sustainable and efficient operating model.

