37% rise in sales for Cath Kidston

Homewares company Cath Kidston drove sales up 37% to £68.9m in the 53 weeks to April 2011.

37% rise in sales for Cath Kidston

The brand, famous for its colourful, vintage-inspired kitchenware and tabletop products along with home textiles, also saw a jump in operating profit from £7.6m to £14.7m.

However, the company has reported a pre-tax loss of £3m owing to the structure of last year’s deal whereby founder Kidston sold a majority stake in the company to private equity firm TA Associates.

The deal has allowed the company to grow, and it has opened six new stores in the UK and the same number in Japan and Korea.

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