In accordance to documents filed at Businesses Household, profits at Stella McCartney Ltd. increased 19 for each cent to £21 million, though gains climbed. 5 for each cent to £2. nine million in the fiscal year finished December 31, 2011, reports WWD.
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" It truly is been quite balanced," claimed Frederick Lukoff, president and main executive officer of Stella McCartney. " We are nonetheless expanding healthily, while we are remaining vigilant about the exterior environment. There is area to develop and we are optimistic."
The brand, which is jointly owned by McCartney herself and high - style conglomerate PPR, at the moment has twenty cost-free -standing merchants all around the world - two of which are in London - and 25 outlets -in- shop globally, with more enlargement planned for 2013.
Consciousness of the brand has develop into even wider this 12 months thanks to McCartney's involvement in designing the Team GB Olympic kits, this means gains may well be established to develop even bigger.
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