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Shoe Brand Jimmy Choo Grew 6% Last Year, Opening 16 New Stores.

2016/1/29 16:57:00 49

Footwear BrandJimmy ChooFootwear Category

The main driving force for Jimmy Choo2015 growth is footwear category, which accounts for 76% of total profits.

Men's shoes continue to achieve excellent progress, the fastest growing category, accounting for 7% of net profit.

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Shoe brand

Jimmy Choo 2015 financial year's performance in Asia and Japan region strong growth, new store opening, wholesale and retail channel expansion driven by sales growth of 6% to 318 million pounds.

On the basis of a constant exchange rate, sales in the first 12 months increased by 7%.


CEO Pierre Denis of Jimmy Choo said that Jimmy Choo has made great progress in 2015 by constantly updating its retail portfolio and promoting its portfolio to achieve its development goals.

Peter Harf, chairman of the company, said, "despite the increasingly difficult external competition,

Jimmy Choo

It still maintains the leading position in the industry, and the brand has also successfully reversed the wholesale profit which has fallen in the first half of the year.

Retail net profit increased by 8%, increased by 9% on a constant exchange rate, wholesale profits increased by 1%, and profits remained unchanged.

In the first 12 months, the company added 16 new outlets, and 15 new stores will be renovated in the future.

Recently, the brand has 141 direct outlets.

The company revealed that the main driving force for growth in 2015 was

Footwear category

This category accounts for 76% of the total profit.

Men's shoes continue to achieve excellent progress, the fastest growing category, accounting for 7% of net profit.

Accessories sales remained stable. Male and female perfume stores continued to grow strongly, while small handbags also showed an increasing trend.

The company said that Asia and Japan continued to enjoy strong growth, while Europe's interest in tourist consumption was offset by the loss of Russian tourists, and the recent terrorist incidents also had a negative impact on European regional performance.

Good progress has been made in US performance despite increased foreign exchange and competitive pressures.

Jimmy Choo has expressed confidence that it will grow faster in the new financial year.

A spokesman for the company said: "our business in Asia is still potential, and Japan's growth is getting better and better, and we will continue to maintain this growth in the coming years.

In 2016, we will achieve multi-channel retail sales in the US and Europe.

The financial report released on Thursday morning, Barclays Bank said Jimmy Choo's annual data were in line with expectations, and sales increased 7.5% in the second half of the year.

The bank points out that Asia still has potential and the Japanese market is getting better and better.

In terms of retail business, the organic growth in the second half of the year was 7.8%, the growth of new stores was 8.9%, while the same store sales fell by 1.1%.

Wholesale business grew by 7.5% in the second half of the year, of which authorized dealers performed more than Barclays Bank expects growth of 21.2%.

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