Fashion and homewares retailer Cath Kidston is to make its first foray into continental Europe with plans to open concessions in Spain.
Chief executive Kenny Wilson told The Telegraph the retailer was in talks to open up to 80 concessions in Spain, having launched two trial concessions in the Madrid and Palma branches of Spanish department store El Corte Inglés just before Christmas.
Wilson described the trial in Madrid as “very very successful” and said that if the retailer could make a concession work in a “pretty tough Spanish economy” he was confident it could work across Western Europe.
Cath Kidston has 61 stores in the UK and 58 stores in Asia, which are predominantly operated via a franchise model. The company is 60% private equity owned by US private equity group TA Associates.