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Profits at Cath Kidston soar

Profits at Cath Kidston grew to £4.6m in the year to March, up from £2.9m the year before.

Sales at the retailer - best known for its florals and polka dots - have also continued to grow, up from £19.2m last year to £31.3m this year, as the retailer continues to expand in to markets including Ireland.

The privately-owned retailer, which opened its first store in London’s Holland Park in 1993, has no debt and has this year rewarded its shareholders with a £1m dividend.

Cath Kidston’s success can be linked to a trend for nostalgia on the high street. Retailers including Marks & Spencer, Jaeger and Selfridges have run heritage campaigns in a bid to tap in to the fragile consumer psyche.

Cath Kidston has 27 stores in the UK and Ireland and has opened 10 new stores in the last year.

Readers' comments (1)

  • Becki Rowe

    This is great news for Cath Kidston. At the moment many retailers would be happy to simply maintain T/O and would be pleased for any profit at all. In fact, just remaining solvent would probably be enough to please some! Cath Kidston have substantially grown both T/O and profit and this is off the back of opening 10 new stores. New stores can be a huge drain on cash and take time before they deliver a contribution in to the business. From a sustainability point of view it is good to see that they have managed this without taking onb debt. Bravo!

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