Cath Kidston group sales exceed £100m for first time
Fashion and homewares retailer Cath Kidston has reported strong trading in its full year results as group sales exceeded £100 million for the first time.
In the year ending 31 March 2013, sales climbed 19% to £105 million helped by the company's continued expansion in the Far East. EBITDA increased by 13% to £21 million.
In the UK, sales rose by 21% while international sales soared by 53% as the retailer opened 25 stores overseas.
Cath Kidston now operates 58 stores in the UK and 60 international outlets.
Commenting on the figures, Cath Kidston chief executive Kenny Wilson said: “This has been another year of strong growth for the Cath Kidston brand in all of our territories, coupled with significant investment in people and infrastructure to support future growth.”
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