{"id":11357,"date":"2023-12-30T09:58:50","date_gmt":"2023-12-30T09:58:50","guid":{"rendered":"https:\/\/dmsretail.com\/RetailNews\/jigsaw-sales-and-profits-surge-as-it-hits-expansion-trail\/"},"modified":"2023-12-30T09:58:50","modified_gmt":"2023-12-30T09:58:50","slug":"jigsaw-sales-and-profits-surge-as-it-hits-expansion-trail","status":"publish","type":"post","link":"https:\/\/dmsretail.com\/RetailNews\/jigsaw-sales-and-profits-surge-as-it-hits-expansion-trail\/","title":{"rendered":"Jigsaw sales and profits surge as it hits expansion trail"},"content":{"rendered":"

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\"Jigsaw\"<\/div>\n

Jigsaw\u2019s parent company Mountain Berg\u2019s profits jumped \u00a3700,000 to \u00a31.9m as sales surged 19% to \u00a356.8m in its year to the end of January.<\/span><\/p>\n

The performance mark a stark turnaround for the brand, which had been struggling even before the pandemic amid a tough mid-market fashion sector.<\/span><\/p>\n

However, the fashion chain has thrived post-pandemic in part due to its stronger online offer, where it now sells through Next, according to This Is Money.<\/span><\/p>\n\n

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Jigsaw had undergone a major overhaul with ex-CEO Beth Butterwick, who left the retailer in October to helm Clarendon Fine Art, closing almost a quarter of its stores in 2021.<\/span><\/p>\n

The retailer is back in expansion mode with stores in Manchester, and Battersea, Islington and Kingston in London slated to open this year.<\/span><\/p>\n

Butterwick, who was replaced by former Oasis and Warehouse boss Hash Ladha, told The Times earlier this year that Jigsaw could open about 20 new sites in the next few years.<\/span><\/p>\n

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