Top Track 250

High street closures in lockdown led to cancelled orders for this London-based clothing firm. Co-founder and managing director Shafiq Hassan, 62, says he pioneered ethical working conditions in Bangladesh, where its Echotex facility provides hot meals and full medical insurance for 11,000 staff. Echo’s shareholders also own the Ninety Percent clothing brand, which donates 90% of distributable profits to charity. Sales rose 33% to £114.8m in 2019.

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Company details
Year2020
Rank224
CompanyEcho Sourcing
ActivityClothing manufacturer and supplier
LocationCentral London
Sales £m114.8
Operating profit £m10.5
Main shareholdersShafiq Hassan (50%), Para Hamilton (50%)
Staff11,724
Founded1996
Websitewww.echosourcing.co.uk

If applicable:

* supplied by company   † annualised figure   ‡  profit = ebitda