		<div class="wpcnt">
			<div class="wpa">
				<span class="wpa-about">Advertisements</span>
				<div class="u top_amp">
							<amp-ad width="300" height="265"
		 type="pubmine"
		 data-siteid="111265417"
		 data-section="2">
		</amp-ad>
				</div>
			</div>
		</div><p><a href="http://londonglossy.com/wp-content/uploads/2010/12/lingerie-firm-reveals-growing-sales.jpg"><img class="alignnone size-full" title="Lingerie firm Agent Provocateur has thrived despite the recession and is to up the pace of its international expansion, according to press reports" src="http://londonglossy.com/wp-content/uploads/2010/12/min-lingerie-firm-reveals-growing-sales.jpg" alt="Lingerie firm Agent Provocateur has thrived despite the recession and is to up the pace of its international expansion, according to press reports"/></a></p>
<p>Lingerie firm Agent Provocateur has thrived despite the recession and is to up the pace of its international expansion, according to press reports.</p>
<p>The upmarket label, known for its saucy image, will this week report that sales increased 12% to £24.7 million in the year to March, while underlying profits soared 45% to £1.2 million, said the Sunday Times.</p>
<p>Chief executive Garry Hogarth told the newspaper: &#8220;Current trading is strong. The company is in a good place. I am confident for the future.&#8221;</p>
<p>The retailer, which also sells swimwear, footwear and other accessories, benefited from its network of overseas stores which had reduced its exposure to the recession in the UK, he added.</p>
<p>The US is due to overtake Britain as the firm&#8217;s biggest market this year as the label prepares to open flagship stores in New York and Beverly Hills next month.</p>
<p>Other international plans include expanding its presence in Russia and moving into Japan for the first time.</p>
<p>Future growth will also come from expanding its range of products to include sunglasses, cosmetics and bedding and growing online sales.</p>
<p>Agent Provocateur, which has 51 stores globally, was set up by Joe Corre and his then wife Serena Rees in 1994. They sold a majority stake to private equity firm 3i in 2007.</p>
			<div style="padding-bottom:15px;" class="wordads-tag" data-slot-type="belowpost">
				<div id="atatags-dynamic-belowpost-69e325d5cfe02">
					<script type="text/javascript">
						window.getAdSnippetCallback = function () {
							if ( false === ( window.isWatlV1 ?? false ) ) {
								// Use Aditude scripts.
								window.tudeMappings = window.tudeMappings || [];
								window.tudeMappings.push( {
									divId: 'atatags-dynamic-belowpost-69e325d5cfe02',
									format: 'belowpost',
								} );
							}
						}

						if ( document.readyState === 'loading' ) {
							document.addEventListener( 'DOMContentLoaded', window.getAdSnippetCallback );
						} else {
							window.getAdSnippetCallback();
						}
					</script>
				</div>
			</div>
Discover more from London Glossy Post
Subscribe to get the latest posts sent to your email.
