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Jimmy Choo defies ‘headwinds’ with strong first half

British footwear company Jimmy Choo ”made a good start to the year” and trading is in line with expectations, it revealed today ahead of its annual general meeting.

Jimmy Choo Nicole Kidman

The company said its growth strategy, which has seen it expand to more than 140 stores since it was founded in 1996, remains on track, including in Asia. This is despite “headwinds facing the majority of the sector in 2016”, it added.

“Brand awareness continues to grow strongly, particularly in China, where the brand remains under-penetrated,” it said.

Its share price jumped by 15% following the announcement.

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