Under the watch of co-founder Liz Houghton, Mint Velvet continues to grow its presence in the UK and internationally through the opening of strategically located stores and concessions, as well as product category expansion.
The womenswear retailer opened stores in market towns this year, including Petersfield in Hampshire and Thame in Oxfordshire. It now trades across 136 locations in the UK, including stores, concessions and outlets.
Turnover at its holding company, Sabre Retail Fashion, rose 15.5% to £101m in the year to 28 April. Its group operating profit was up 10% to £13.9m, driven by a strong performance online. At the end of August, Mint Velvet introduced a 60-piece childrenswear collection for girls aged three to 10, called Mintie.