Luxury Retailer Jimmy Choo saw its revenue rise by 6%, to £318 million in the year ended 31 December mostly due to strong growth across Asia and Japan and also driven by new store openings.
The company reported that its best performing category was shoes, which represented 76% of net revenues. Accessories volumes remained stable with a trend towards smaller bags.
The chairman of Jimmy Choo, Peter Harf said: "Jimmy Choo continues to outpace the sector despite the challenging competitive environment. The company successfully reversed the first half decline in wholesale revenues and is on track with growth forecasts in Asia and Japan where brand awareness continues to grow strongly.”
Pierre Denis, chief executive of Jimmy Choo, said: "Jimmy Choo made excellent progress in 2015, delivering renovation of the retail portfolio whilst continually evolving the product mix and meeting development targets. Our creative director, Sandra Choi, and her team have seen their designs warmly received by clients and critics - a key factor in the growing global appeal of our brand."
