British luxury footwear and accessories brand Jimmy Choo has announced preliminary financial results for 2014. Over the past reporting period, the company's turnover increased by 6,5%, to 299,7 million pounds. According to official figures, sales increased primarily due to strong performance in the men's footwear business, which "remains the fastest growing category." At the same time, operating profit decreased from 25 to 24 million, but the net loss for the year also decreased from 17,7 to 10,8 million.
Jimmy Choo names Asia as its fastest growing market. In 2014, sales growth in Japan was + 8,8%, in the rest of Asia - as much as + 34%. The brand has already opened a number of its own branded boutiques in the region, another 10-15 are planned for this year, most of them in China.
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