Luxury shoemaker Jimmy Choo reported a 7.2 percent rise in annual earnings and said it would continue to grow by expanding its store portfolio in China.
Reporting its first full-year results since floating on the London Stock Exchange in October, Jimmy Choo said adjusted core earnings (EBITDA) of GBP50.2 million (USD75 million) in 2014 compared to the GBP46.9 million it made in 2013.
Underlying sales rose 5.7 percent at its retail arm in 2014, in what chief executive Pierre Denis said had been a year of progress for the company. He added that there was more to come.
(Source: CNBC)