British designer label Phoebe Philo reported strong revenue growth alongside increased losses. In the fiscal year ending December 31, 2024, revenue reached 11.2 million British pounds ($14.1 million), nearly double the previous year’s 5.7 million pounds ($7.2 million). However, post-tax losses widened to 24.4 million pounds ($30.8 million) from 21.8 million pounds ($27.5 million), which the company attributes to significant investments in its first full year of operations. The brand is forecasting accelerated growth, with 2025 revenue projected to hit 32 million pounds ($40.4 million) — roughly three times the 2024 figure. Growth has been driven primarily by direct-to-consumer sales, with wholesale accounting for a third of revenue. The company’s board includes Phoebe Philo, her husband Max Wigram, and Delphine Arnault, CEO of Christian Dior Couture.