2011 Profit Track 100
Rank: 14 Charles Tyrwhitt Shirts
Company expects to sell 2m shirts this year
Selling classic menswear since 1986, this London business is run by Nick Wheeler, who founded it while a student in Bristol. Operating as a limited liability partnership and using his middle names for the firm, it generated £57m in sales last year from mail-order, online and shop sales. It has a flagship store in London’s Jermyn Street and there are 15 shops worldwide. Better stock management, new customers and an improved website have pushed profits up 106% a year, from an annualised £808,000 in 2007 to £7m in 2010.
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Selling classic menswear since 1986, this London business is run by Nick Wheeler, who founded it while a student in Bristol. Operating as a limited liability partnership and using his middle names for the firm, it generated £57m in sales last year from mail-order, online and shop sales. It has a flagship store in London’s Jermyn Street and there are 15 shops worldwide. Better stock management, new customers and an improved website have pushed profits up 106% a year, from an annualised £808,000 in 2007 to £7m in 2010.
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Company facts
Charles Tyrwhitt Shirts
Shirtmaker
Company website
| Profit growth | 105.54% pa |
| 2010 profit | £7.0m |
| 2007 profit | *£0.8m |
| 2010 staff | 312 |
| Founded | 1986 |
| Location of HQ | Central London |
| If applicable: * = annualised figures ‡ = draft accounts |
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