The UK-headquartered fashion group Pentland has released its full annual results for 2013, a period in which the company has achieved an income of £1.9bn, representing an increase of 10% in comparison to the previous year. The activities of Pentland Group primarily comprise Pentland Brands and the Retail Division.

Pentland Brands, together with other non-retail businesses, grew by 11% to £590m, thanks to record revenues from Speedo, Lacoste Chaussures and Ted Baker Footwear. The Retail Division, which owns a majority stake of UK retail group JD Sports Fashion, increased its income by 9% to £1.3bn. Record regions were UK and Ireland, and this was further supported by investment in overseas retail. Pentland’s Group operating profit (before tax, amortization of intangibles and exceptional items) climbed 39% to £124m. The company’s net cash at year end was £119m, a plus of 22 million compared to 2012.

Recently, the Pentland Group has been awarded ‘Top European Family Business of the Year’ at the European Families in Business Awards 2014.