Jimmy Choo sales outpace global competition

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>British designer shoe brand Jimmy Choo shrugged off the woes in the luxury goods sector to post higher annual sales and earnings&period;<&sol;p>&NewLine;<p>The group said strong growth in Asia and Japan helped retail like-for-like sales rise 1&period;1&percnt; in 2015&comma; while underlying earnings lifted 1&period;5&percnt; to £51m&period;<&sol;p>&NewLine;<p>The results defy the gloom in the wider luxury sector that has hit rivals such as Burberry&comma; which has suffered as China&&num;8217&semi;s economy has slowed&period;<&sol;p>&NewLine;<p>Peter Harf&comma; chairman of Jimmy Choo&comma; said&colon; &&num;8220&semi;Jimmy Choo continues to outpace the sector despite the challenging competitive environment&period;&&num;8221&semi;<&sol;p>&NewLine;<p>He said the company had &&num;8220&semi;successfully reversed the first-half decline in wholesale revenues and remains on track with growth forecasts in Asia and Japan where brand awareness continues to grow strongly&&num;8221&semi;&period;<&sol;p>&NewLine;<p>But in a note of caution&comma; chief executive Pierre Denis added&colon; &&num;8220&semi;We approach 2016 sensitive to the many challenges facing the sector&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Overall revenues rose 6&period;1&percnt;&comma; or 7&period;2&percnt; with currency movements stripped out&period;<&sol;p>&NewLine;<p>Sales surged by 29&percnt; in Japan and by 20&period;1&percnt; across the rest of Asia&comma; while growth was more muted at 4&period;9&percnt; across Europe&comma; the Middle East and Africa &lpar;EMEA&rpar;<br &sol;>&NewLine;Sales fell by 0&period;7&percnt; in the Americas region&period;<&sol;p>&NewLine;<p>Whereas Burberry has been hit by falling spending by Chinese tourists in some of its markets&comma; Jimmy Choo said it saw strong growth in international customers&comma; including from China&period;<&sol;p>&NewLine;<p>But it said there had been a fall in spending by Russian customers across the EMEA region&period;<&sol;p>&NewLine;<p>The group&&num;8217&semi;s retail operations still make up the bulk of its revenues &&num;8211&semi; at 65&period;3&percnt; &&num;8211&semi; but fragrance and eyewear account for 3&period;3&percnt; of turnover&period;<&sol;p>&NewLine;<p>It launched its first men&&num;8217&semi;s fragrance &&num;8211&semi; Jimmy Choo Man &&num;8211&semi; in 2014 and its third women&&num;8217&semi;s fragrance&comma; Illicit&comma; last August&period;<&sol;p>&NewLine;<p>The business&comma; which also sells bags and accessories&comma; was founded by former Vogue accessories editor Tamara Mellon and Malaysian designer Jimmy Choo who opened their first store in 1996&period;<&sol;p>&NewLine;<p>The company&&num;8217&semi;s shoes were made famous by the character Carrie Bradshaw in the hit US TV show Sex and the City&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ed30359c78d">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;divId&colon; 'atatags-dynamic-belowpost-68ed30359c78d'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;format&colon; 'belowpost'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; document&period;readyState &equals;&equals;&equals; 'loading' &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;document&period;addEventListener&lpar; 'DOMContentLoaded'&comma; window&period;getAdSnippetCallback &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; else &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback&lpar;&rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<&sol;script>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>


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