BOXPARK, an award-winning dining, leisure and retail concept in the UK, has published its latest accounts, revealing continued year-on-year revenue growth with sales 35% higher in the year ending April 2023, than in the year prior to COVID-19 (April 2020).
In the reporting period, the group’s revenue has been robust despite macroeconomic pressures, as it effectively adapted its customer offering to adjust for the change in work patterns post-pandemic and decline of commuters, exacerbated by the rail strikes.
Its high profile events, supplemented by each BOXPARK venue delivering circa. 600 events per year, has bolstered sales, helping to combat these pressures with the group reporting revenue of £20.5 million in the year to April 2023. Through its resilient events strategy, BOXPARK venues have become associated with key moments in music, culture and sports, launching award-winning campaigns such as its #WomxnWhoPlay women in sports initiative. The men’s World Cup football championships and women’s Euros at BOXPARK attracted major brand sponsorships which boosted the group’s revenue.