Barbour has been forced to raise its prices due to the impact of higher inflation, the cost-of-living crisis, and a slowdown in customer demand.
The 129-year-old business told The Telegraph that it was facing a combination of issues, including prices increases for materials, staffing, shipping and energy, as well as higher duty costs following the UK’s exit from the EU.
Owned by the Barbour family, the South Shields based business saw its sales rise by 32% to £286.6 million in the year to April 2022 as it began to recover following the easing of Covid-19 restrictions.