Fashion-to-furnishings retailer Cath Kidston has revealed a jump in profits and outlined plans for expansion in the Far East.
The retailer experienced a 65% surge in pre-tax profits to £7.6m in the year to March 28. Turnover soared 61% to £50.3m, according to the Sunday Telegraph.
The retailer will open two stores and a concession in Korea next year, and is mulling stores in China, Taiwan and Hong Kong.
Cath Kidston flourished off the back of a strong trend for floral patterns. The retailer has 36 UK stores, including concessions. It aims to open 10 in the current financial year.
TA Associates bought a majority stake in Cath Kidston in March in a deal worth about £100m.