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

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