Luxury shoemaker Jimmy Choo, whose shoes have proved a hit with such superstars as Jessica Alba, Diane Kruger and the Duchess of Cambridge, has cashed in on wealthy Chinese spenders’ demand for expensive footwear.
The designer label saw like-for like sales jump 5.7% last year, helping it to become one of the biggest success stories of last year’s deluge of stock-market flotations.
The company’s shares were up 4.1% on the news to 174.9p and have risen by 25% since they listed back in October.
Bosses said its Asia expansion was going to plan, helping net revenues to rise 12% to £299.1 million.
Read more at London Evening Standard.