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Cath Kidston profits spike thanks to Asian popularity

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Full year profits at Cath Kidston have skyrocketed by nearly a third, driven by strong sales in Asian markets. In the year to March 26 the fashion and homewares retailer posted an underlying profit jump of 27.4 per cent to £9.3 million while turnover jumped nearly eight per cent to £129.2 million, according to The Guardian. Its UK market still accounts for around two thirds of its sales, seeing like-for-like revenue growth of 3.3 per cent and online sales up 10 per cent largely thanks to the runaway success of its collaborations with Disney

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Cath Kidston profits spike thanks to Asian popularity

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