Berry’s hits record turnover in 2025

Berry’s has released its financial results for the year ending 30 June 2025, with turnover up and operating profit flat.

The jeweller’s turnover hit a record high of £83 million, and it put the flat operating profit (-£0.3 million year-on-year) down to its investment in store fit-outs and staff (administrative expenses were up £1.6 million).

It pointed out that it had bought out the part of its Nottingham store that it was previously renting, while it spent over £4 million refurbishing its other locations.

It will continue to invest in its Nottingham store, with completion due in autumn of this year, as well as in properties that it rents to other retailers, referencing the two properties in Leeds that it acquired last summer.

Although its operating profit peaked at £15,179,117 in 2022, Berry’s continues to invest in its medium- and long-term prosperity, and is widely regarded as a leading light in UK watch retail, with its relationship with Patek Philippe continuing to flourish.