×
467
Fashion Jobs
BHARTI AIRTEL LIMITED
Territory Manager- Dth Sales - Rajahmundry
Permanent · Rajahmundry
ZYDUS WELLNESS
Zydus Wellness - Factory Manager - Sikkim Plant
Permanent · Atlanta
ANUSHÉ PIRANI
Social Media & Fashion Communications
Permanent · MUMBAI
HARSH CLEAN DHAN PVT. LTD
Area Sales Manager (Modern Trade Sales) For North East
Permanent · Guwahati
RANDSTAD INDIA PVT LTD
Area Sales Manager (Consumer Durable Industry)
Permanent · Mumbai
AVRO INDIA LIMITED
Area Sales Manager- Ludhiana, Amritsar/ mP-Indore, Bhopal
Permanent · Ludhiana
AVRO INDIA LIMITED
Area Sales Manager- Ludhiana, Amritsar/ mP-Indore, Bhopal
Permanent · Ludhiana
SOSYO HAJOORI BEVERAGES PRIVATE LIMITED
Area Sales Manager
Permanent · Mumbai
VIKRAM TEA PROCESSOR PVT LTD
Area Sales Manager
Permanent · Ahmedabad
HERITAGE FOODS INDIA
Area Sales Manager(Hyderabad & Vijayawada) @ Hfl
Permanent · Hyderabad
NASH INDUSTRIES (I) PVT. LTD.
Production Manager Position With Nash Industries-Pune
Permanent · Pune
ACCELERATE SOCIAL WELFARE FOUNDATION
Area Sales Manager
Permanent · Noida
VR INDUSTRIES PVT. LTD
Area Sales Manager
Permanent · Chennai
G.R. BATHLA & SONS
Marketing Executive/Area Sales Manager
Permanent · Ludhiana
PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
Cutting Manager/Production Head - Garments Industry
Permanent · Bhiwandi
KALPA ELECTRIKAL PVT. LTD
Hiring For Production in Charge/ Manager (8-15 Yrs Exp)
Permanent · Bengaluru
TARGET PUBLICATIONS
Regional Sales Manager
Permanent · Mumbai
THE BANYAN HR CONSULTS
Head HR For Garments Manufacturing Company at Chengalpattu, Tamil Nadu
Permanent · Chennai
IUMENTAS LIFE SCIENCE
Veterinary Sales Manager For The State of Assam
Permanent · Guwahati
HINDCO RECRUITMENT CONSULTANTS
Production Manager| Leading Plastic Manufacturing Company| Umbergaon
Permanent · Navsari
HINDCO RECRUITMENT CONSULTANTS
Production Manager| Leading Polythread Manufacturing Company| Ranchi
Permanent · Ranchi
ENGGSERVICES2INDIA
Production Quality Manager - Immediate Requirement
Permanent · Bengaluru
Published
Jul 3, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Jigsaw prospers despite tough UK market, boosted by online and international growth

Published
Jul 3, 2017

Jigsaw has just filed its annual accounts at Companies House and the figures show a fashion chain that’s defying the UK downturn, that’s taking advantage of the migration to e-tail and that’s also making the most of opportunities abroad.


Jigsaw



It’s also rewarding its staff as the firm’s loyalty plan saw employees sharing in almost £500,000 in a shares scheme.  Around 600 people who have been with the company for over a year will get a share of the pot. The scheme was launched last year by CEO Peter Ruis and is said to be similar to the John Lewis incentive scheme with Ruis having previously worked for that employee-owned chain.

But while the staff shared almost half a million, six directors got a share of £1.1 million in dividends as the firm continued to outperform in a tough retail market.

The business, which has 77 stores and 48 concessions, said profits rose 11% to £6.2 million in the year to October 1.
The mid-market chain also said its sales rose 8% with e-sales surging by 18% in its domestic market to £19 million. That helped take total sales to £94.7 million with the chain set to top the magic £100 million marker at some point soon. The retailer’s adjusted Ebitda rose from £5.4m to £5.7m.

The international growth was important for a business that derives most of its revenue from the UK. In fact, £89.5 million of the £94.7 million was from UK physical store and online sales.

But a debut in the Netherlands, more US concessions and the incorporation of its Australian franchise partner meant an increase in foreign sales. European sales rose to £1.9 million from £445,000 a year earlier and in the rest of the world, they rose from £1.78 million to £3.35 million. Those figures, while still relatively low, suggest a world of opportunity for the firm should UK growth stall in the future as Brexit issues and consumer caution undermine fashion retail at home.

Copyright © 2021 FashionNetwork.com All rights reserved.