Spanish womenswear brand Bimba Y Lola has reported an 11.4% rise in turnover to €201m (£173m) for the year to 28 February.
The increase was driven by an international growth plan. During the 2018 financial year Bimba Y Lola opened 22 stores, including shops on Brompton Road in London’s Knightsbridge, Milan, Rome, Bogota and Singapore.
It now has more than 100 points of sale outside of Spain and a total of 272. It currently operates eight stores in London.
The business had a 21% increase in international sales compared with the year before.
International sales represent 28% of the brand’s total turnover, based on its presence in European countries, mainly Portugal, France, United Kingdom and Italy; in Latin American countries, mainly Mexico, Chile and Colombia and in Asian countries, such as Singapore and Korea.
Bimba Y Lola was founded in 2005 by María and Uxía Dominguez.