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Jigsaw reports healthy full-year performance

Jigsaw’s EBITDA increased by 78.4% to £3.14m in the year to September 27, as like-for-sales grew by 9.5% and total sales by 11%.

Online sales rose 34% during a year in which Jigsaw launched next-day click-and-collect services and a new ‘check store stock’ function.

Group turnover, which includes Jigsaw, Duke Street Emporium and premium lifestyle fascia The Shop at Bluebird, reached £91m.

Current trading is ahead of the year in sales, margin and gross profit.

This autumn, Jigsaw opened two stores in South Africa, one in Abu Dhabi, one in Los Angeles, a concession in Dublin and pop-up shops in six branches of Spain’s El Corte Inglés department stores.

One Jigsaw store was added in the UK this autumn – in Barnes, southwest London – and another four are due in spring 2015.

Trading at The Shop at Bluebird, which has a store on King’s Road in Chelsea and also a space in Duke Street Emporium, is up 39% in the season to date.

Jigsaw group chief executive Peter Ruis said: “I am delighted with the progress Jigsaw has made in the last financial year. We have created solid momentum across every facet of the brand, keeping innovation and differentiation at our core.”

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