Jimmy Choo boosted by weaker pound
01/02/2017
In its preliminary full-year results, the brand said year-end profits will be in line with expectations. Its full fiscal results will be published in March.
Jimmy Choo saw improvements in sales across all regions, most notable Asia and Europe. It said it is well positioned to take advantage of a stronger market in 2017.
The main driver of its revenue growth in 2016 was shoes, which made up 75% of total sales. Within this segment, men’s shoes performed especially well, becoming the fastest-growing category. It now accounts for 9% of Jimmy Choo’s revenue.
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