It represents the brand's turnover from the sales of finished goods through all of the distribution channels - retail, wholesale and e-commerce, after the deduction of returns, allowances for damaged or missing goods and any discounts allowed.
Also known as ROS - Return on Sales, it measures the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted. The figure is about the latest fiscal year available.
|in Thousands of GBP||2015||CAGR|
Bench is a British born, urban lifestyle brand which designs, sources and markets cool and distinctive products.
The brand originated in the late 80's as a niche tee shirt brand creating pieces inspired by BMX biking and the world of skate boarding.
Over the years, the brand quickly gained popularity with those in the know who appreciated the innovativeness that Bench was able to demonstrate. Bench has developed into a widely and highly respected urban lifestyle brand that was named the coolest Streetwear brand by the 2007/2008 CoolBrands panel.
Bench has always had a strong association with Manchester's music scene and the underground explosion which surrounded it in the heart of the city during the 90's. Nowadays the appeal stretches across every imaginable urban scene.
Since the humble Manchester beginnings, Bench's distribution has extended globally; the brand is now sold worldwide in Europe, USA, Canada and Australia. In 2006, Bench opened its first standalone store in Berlin. This was followed by further store openings in the UK including a store in its home city of Manchester.
Bench has always built its collections on the individuality of real people and real products and will continue to do so moving forward.
Gordon Brothers acquired the Bench brand and all its related intellectual property assets in July 2018. In April 2020, Gordon Brothers, announced that it sold Bench, the iconic British streetwear brand to Wraith, an affiliate of Apparel Brands Limited for all territories outside of the Americas. Apparel Brands Limited is currently one of Bench’s primary European licensees.