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How Oroton doubled its profit after years of turmoil

Carrie LaFrenz
Carrie LaFrenzSenior reporter

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Oroton, one of the oldest Australian luxury brands, has recorded double-digit sales growth for a second year and a doubling in profit, signalling the retailer is back on solid footing after years of turmoil.

The 85-year-old leather goods and accessories retailer was purchased by billionaire fund manager Will Vicars in 2017, and former McKinsey partner Jenny Child was appointed chief executive in 2021.

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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com

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    Original URL: https://www.afr.com/companies/retail/profits-double-sales-rise-at-will-vicars-owned-luxury-retailer-oroton-20231121-p5elqc