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Stella McCartney Reports £32.7 Million Loss in 2021

Stella McCartney Reports £32.7 Million Loss in 2021

Post-tax losses at the brand, known for the sustainable positioning and advocacy of its eponymous founder, deepened 7 percent year-on-year, as higher sales were offset by increased administrative expenses amid a wider restructuring, according to accounts filed to UK registrar Companies House.

The company’s turnover grew 14 percent to £32.5 million ($39.4 million) for the year ended 31 Dec. 2021.

These results mark the third year in a row…


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