15th Jan 2007 07:00
Theo Fennell PLC15 January 2007 Theo Fennell Plc. Christmas Trading Statement Theo Fennell Plc reports record Christmas trading, resulting in a 37% increasein sales in the first 9 months of the year. Sales growth has been driven by thesuccess of the unique design led Theo Fennell product and its latestcollections. The Group has also invested significantly in the business overthe last 12 months; increasing its marketing spend and expanding its wholesaleand overseas network. Richard Northcott, chairman of Theo Fennell Plc, commented: "The Group's Christmas trading was exceptional with retail sales up 29%,following on from a record Christmas in 2005 and contributing to overallexcellent trading results in the first 9 months of this year. In achieving these results we have invested significantly in the business,specifically in marketing and overseas expansion. It is a testament to thestrength of the group today that despite this increased investment we areconfident of exceeding current market expectations for the year. We have successfully achieved two years of strong growth and are at the earlystages of development into an international brand. With significant potentialfor the business's future growth we will maintain our focus on UK and overseasexpansion in the year ahead. " 15 January 2007 Enquiries: Theo Fennell Richard Northcott 020 7589 5000 [email protected] Pelham PR James Henderson 020 7743 6673 [email protected] Kate Catchpole [email protected] 020 7743 6678 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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