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Hackett sales rise 9%

Hackett London’s turnover rose 8.7% to €165m (£150m) for the year ended March 31, which the brand attributed to growth in both its retail and wholesale businesses.

Hackett

Hackett

Hackett

Retail sales were up by 10%, driven by the first full year of trading out its global flagship on Regent Street in London, as well as new stores on Old Broad Street, Lisbon, Amsterdam and Mexico. Wholesale sales increased, with new franchise stores opening in India, China and South America.

Hackett has opened stores in Stockholm and Düsseldorf and will open a standalone store in Tokyo’s Ginza district in early 2016.

The business, which is part of the Pepe Jeans group, gave no details on profits for the period.

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