British travel brand Antler, which is owned by Australian luggage retailer Strand, has reported a 17 per cent lift in global gross sales in its FY26 trading year, ending February 28, hitting £52 million (~A$98.2 million).
This marks its fourth consecutive year of double-digit growth, and is nearly double from FY23 when sales were £27.2 million.
According to Antler, growth was driven by continued strength across digital and wholesale channels; global digital sales increased by 14 per cent year on year while wholesale grew by 20 per cent. Wholesale was supported by the expansion of international retail partnerships.
Amid this growth, Antler acquired collapsed US luggage business Paravel, as the British brand expands into a house of brands. This is similar to Strand in Australia, which manages a range of private labels such as Nere and Evity alongside its core travel and accessories ranges from Samsonite, American Tourister, Steve Madden, Nine West and others.
Antler is also set to open its London flagship later in April 2026, and has established a new global headquarters in the British capital and increased marketing investment.
Australia continues to be Antler’s second largest market behind the UK, comprising 40 per cent of global sales and delivering 10 per cent year-on-year growth.
Globally, the US was Antler’s fastest-growing market, with gross sales increasing 83 per cent driven by digital performance and significant expansion in wholesale partnerships including Nordstrom and Bloomingdale’s.
US sales have now grown more than tenfold since FY23, underlining the strength of Antler’s global expansion strategy.
Building on this momentum, Antler also continued to expand its international footprint, signing new distribution agreements across South Korea, Saudi Arabia and Malaysia with leading retail and ecommerce channels.
This year also marks several key milestones for Antler, including the imminent opening of its London flagship store on Regent Street with plans underway to scope new retail opportunities in the US later this year.
Kirsty Glenne, who joined Antler as managing director in 2022 following senior roles at Alexander McQueen and Dr. Barbara Sturm, was recently appointed as CEO of Antler’s ‘House of Brands’, to lead the group through its next phase of growth.
Glenne said FY26 has been a defining year for Antler.
“Our fourth consecutive year of double-digital growth reflects the strength of our brand, product and global strategy,” she said. “The acquisition of Paravel marks an exciting step as we begin to build a house of brands, broadening our reach within the travel lifestyle category, while remaining rooted in our design-led heritage.”
Antler is aiming to target £100 million in revenue by FY29.