Jimmy Choo striding ahead in new year

Luxury goods maker Jimmy Choo said it had made a good start to the year and trading was in line with expectations despite headwinds facing the majority of the sector in 2016.

“Jimmy Choo remains focused on controlled expansion and development of the retail portfolio whilst evolving the product mix with exciting new collections,” the company said in a trading statement.

“Through a focus on improving our operating efficiency and the management of costs we are on track to deliver margin improvement and good cash generation, which means we will see further deleveraging in the second half of the year.”

The company added that designs and collections by its creative director, Sandra Choi, “resonate with our clients and opinion leaders alike and are a key factor in the growing global appeal of the brand”.