Sir Jim Ratcliffe’s Belstaff racks up £18m loss as auditors warn of uncertain future
Sir Jim Ratcliffe’s Belstaff racks up £18m loss as auditors warn of uncertain future
Belstaff, the luxury leather jacket brand owned by billionaire Sir Jim Ratcliffe, has reported a further £18.3m loss, raising fresh concerns over its financial sustainability. Auditors have warned the business remains reliant on ongoing support from its parent company, Ineos, to survive.
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Sir Jim Ratcliffe’s Belstaff racks up £18m loss as auditors warn of uncertain future
Belstaff, the luxury leather jacket brand owned by billionaire Sir Jim Ratcliffe, has reported a further £18.3m loss, raising fresh concerns over its financial sustainability. Auditors have warned the business remains reliant on ongoing support from its parent company, Ineos, to survive.
Read more:
Sir Jim Ratcliffe’s Belstaff racks up £18m loss as auditors warn of uncertain future