Strathberry, the Edinburgh-based handbag designer, has posted a sharp increase in profit and turnover as its A-list customer base helps shield it from wider retail pressures.
Husband and wife founders Leeanne and Guy Hundleby have attracted a celebrity following that includes the Princess of Wales, Duchess of Sussex, Jennifer Lopez and Zara Tindall.
They have helped stimulate global demand and in the year to the end of April 2025 pushed the company’s revenue 35% higher to £36.4 million (2024: £26.4m). Pre-tax profit came in at £5.3m from £2.5m in the previous 12 months. Online revenue grew 41%.
Wholesale partnerships continued to grow following successful markets at New York, Paris and London fashion weeks,
The company said it has continued to maintain revenue growth momentum into the current financial year, supported by product launches.
Its record results were in spite of the closure of the store in the King’s Road, London. A second Edinburgh store opened during the period.
The Princess of Wales is seen with the company’s bags so often she is almost a brand ambassador. From April, the princess will have the capacity to bestow royal warrants, and homegrown fashion brands are hoping to be on the list.
Strathberry operates out of a Georgian townhouse in Melville Street and sends its designs to Ubrique in Andalusia where they are the bags are made in the region’s leather workshops.
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