Category: Belstaff
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Sir Jim Ratcliffe’s Belstaff racks up £18m loss as auditors warn of uncertain future
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Belstaff, the luxury leather jacket brand owned by billionaire Sir Jim Ratcliffe, has announced a further loss of £18.3m, raising fresh concerns about its financial sustainability. Auditors warned that the company still relied on ongoing support from its parent, Ineos, to survive. Despite the jackets selling for up to £2,125,…
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Sir Jim Ratcliffe’s Belstaff racks up £18m loss as auditors warn of uncertain future
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Belstaff, the luxury leather jacket brand owned by billionaire Sir Jim Ratcliffe, has announced a further loss of £18.3m, raising fresh concerns about its financial sustainability. Auditors warned that the company still relied on ongoing support from its parent, Ineos, to survive. Despite the jackets selling for up to £2,125,…