Founded in 1797, on the banks of Scotland’s River Lossie, this family business produces cashmere for luxury brands and its own products. It operates two mills in Elgin and Hawick and controls the whole process from manufacture through to embroidery and labelling. The firm has four shops in the UK, including a flagship store on New Bond Street in London. Chief executive Simon Cotton, 49, oversaw profits of £10.3m in 2017. The firm is opening its first Scottish flagship store over Easter, on Multrees Walk in Edinburgh.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2019
Rank66
CompanyJohnstons of Elgin
ActivityCashmere textiles manufacturer
LocationElgin
Annual profit growth65.79%
Latest profits £000s10,339
Latest sales £000s73,891
Staff956
Founded1797
Websitewww.johnstonscashmere.com

If applicable:

* supplied by company † annualised figure