Hackett London posts record EBTID increase of 42 percent
Torreal Group’s Hackett London recorded in fiscal 2013/14 , ended on March 31 , an increase of 42.6% ebit reaching 6.8 million pounds ( 8.6 million Euros) and worldwide total sales of 152 million pounds (192 million Euros) , an increase of 4 % compared to the prior fiscal year. Direct sales in the UK and Ireland have reached 107 million pounds (135 million euros) , up 9.5% from a year earlier , thanks to the good performance of both the retail (+ 17 %) and the wholesale (+ 7 %).
The brand is preparing open this November its new flagship store in London, a space of 180 square meters at 55, Old Bond Street. Madrid based Torreal Group S.A. acquired Hackett from Richemont Group and it also owns Pepe Jeans.