Jack Wills reports 57% leap in profits
Preppy clothing brand Jack Wills has reported a 57% rise in pre-tax profits to £10.5 million in the year to 31 January.
According to accounts filed at Companies House, revenues grew 41% to £91.5 million. Sales at the retailer's international division reached £1.65 million compared to £1.05 million in the previous year.
Jack Wills operates 50 stores in the UK and earlier this month said it planned to add another eight to ten stores to the 11 it already operates in the US.
The retailer also said it was also looking to establish a franchise operation in the Middle East as part of its ongoing international expansion strategy
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