Leather handbags boost revenue at All Saints
02/11/2016
The company’s revenue was boosted by its Capital Collection range of leather handbags, which William Kim, chief executive of AllSaints, said make up 10% of revenue in some markets. He described the launch of the line as “a great success”.
UK sales for the year increased 7.4% to £144.3 million and international sales were up 12% to £108.2 million. North America was the most important international region with sales up 9.1% to £83 million, while sales in Asia grew the fastest, up 332% to £8.4 million. This follows the launch of the brand in Japan.
AllSaints said it expects international sales from outside of North America to make up of a third of its total revenue by 2020.
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