In a strategic move, Strathberry has appointed Martin Byrne as their new managing director.
- The appointment follows a significant 53% increase in turnover, bringing the luxury brand’s financial year total to £27 million.
- Martin Byrne joins from Monica Vinader, bringing extensive experience in the luxury sector.
- Strathberry is on target to reach a £100 million turnover in the next three years, driven by international demand.
- The brand, founded by Guy and Leeanne Hundleby, is supported by an £8 million investment from the Business Growth Fund.
In a strategic move aimed at capitalising on recent financial success, Strathberry has appointed Martin Byrne as its new managing director. Formerly the commercial director at Monica Vinader, Byrne brings a wealth of experience from the luxury jewellery industry, having held senior roles at Links of London and serving as managing director at Simon Harrison.
This appointment follows a remarkable 53% increase in turnover for the financial year 2024, boosting Strathberry’s total revenue to £27 million. The brand, known for its luxury handbags and cashmere, has rapidly expanded its market presence, currently being stocked in over 90 outlets worldwide, with flagship stores in both Edinburgh and London.
Martin Byrne’s extensive background in the luxury sector positions him as an ideal candidate to drive further growth. According to Strathberry’s founders, Guy and Leeanne Hundleby, Byrne’s proven track record makes him well-suited to help the brand capitalise on future opportunities.
Targeting a £100 million turnover within the next three years, Strathberry aims to harness increasing demand from key international markets such as North America, the Middle East, and Japan. The brand’s ambitious growth strategy is bolstered by an £8 million investment received in 2021 from the Business Growth Fund.
Strathberry, established by the Hundleby couple in 2013, continues to ride a wave of success, largely driven by international expansion and strategic leadership moves. With Byrne at the helm, the brand is poised for continued advancement.
Strathberry’s strategic appointment of Martin Byrne signifies a robust plan for substantial growth and international expansion.
