Hackett announces 8.7% growth in 2014-15

By

Olivier Guyot

Published
Jan 15, 2016

Hackett London has highlighted its sales increase in the last fiscal year. The smart-casual brand belonging to the Pepe Jeans group announced an 8.7% rise in revenue, equalling €165 million for its fiscal year closed on 31st March.

The brand highlighted how this increase was notably generated by its new store openings. Its retail operations in fact increased by 10%, with the opening of stores in London, Lisbon, Amsterdam and in Mexico.

Hackett London stated that its wholesale operations have significantly benefited from its partners' activities on the Indian, Chinese and South American markets.

The expansion of Hackett's retail operations is expected to continue in the current fiscal year. The brand has in fact opened new stores in Stockholm and Düsseldorf, and is about to inaugurate one in Tokyo.