ME+EM Reports Strong Revenue Growth for Fiscal 2026
The fashion retailer sees a significant rise in annual group revenue as it expands its footprint within the United States.
Updated on Oct. 20, 2026 in Corporate Finance
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ME+EM reported a 29% increase in group revenue to £190 million ($251 million) for the fiscal year ending January 2026. The company also saw a 53% rise in EBITDA to £37 million ($50 million) as it accelerated its international growth.
Why it matters
The company attributes its financial performance to a successful global expansion and an omnichannel strategy that has driven significant customer retention and sales growth. Highlighting this trend, Highland Europe has increased its investment stake in the firm.
Group revenue rose 29% to £190 million while EBITDA increased 53% to £37 million for the year ending January 2026. US revenue saw a 39% gain to £65 million, supported by a 285% growth in the active US customer base.
The players
ME+EM
ME+EM is a British fashion retailer known for its direct-to-consumer model and focus on high-quality, contemporary apparel.
Highland Europe
Highland Europe is a growth-stage venture capital firm that provides capital to software and consumer internet companies.
The details
ME+EM expanded its US presence by opening three new stores and increasing sales across key categories like trousers and occasionwear. Global demand remained high, with the company selling a pair of trousers every minute throughout the fiscal year.
Timeline
Highland Europe made its initial investment in ME+EM in 2022.
Group revenue reached £190 million for the year ending January 2026.
Rolling 12-month global revenue reached £215 million from October 2025 to September 2026.
The company plans to open three additional US stores by the end of 2026.
A permanent store in Paris is planned for the second half of 2027.
Market Dynamics
This growth reflects the broader retail sector's transition toward omnichannel international expansion. ME+EM's performance mirrors the strategy of scaling global operations to capture market share in competitive foreign territories.
Increased investment from firms like Highland Europe and planned retail expansion suggest a strengthening of the brand's market position. Customers may see improved product availability as the company prepares to open new storefronts in Houston and Los Angeles.
The takeaway
ME+EM's growth demonstrates how a strong omnichannel strategy can drive significant sales in new international markets. Retailers looking to expand globally may find success by prioritizing both high-frequency product categories and targeted physical store locations.
Further reading
For more on global retail trends, visit our Corporate Finance section.
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