The homewares company said sales had been driven largely by its British and Japanese divisions but that its losses had widened Cath KidstonSales of chintzy items at Cath Kidston rose last year, only for a weak pound to undo all the good work and send the retailer further into the red. Cath Kidston said that its losses had widened from £8.4 million to £10.5 million on sales that were up by 1.2 per cent to £130.7 million in the year to the end of March. Yet sales in the UK were strong, rising by 5.1 per cent year-on-year to £91.3 million, fuelled by online trade. Cath Kidston founded her eponymous homewares company in 1993 as a “glorified junk shop” in Holland Park, west London, selling carefully styled, hand-embroidered tea towels and renovated furniture. Over two decades, Ms Kidston built up the business, with dozens of stores stretching…

Source: The Times December 13, 2018 00:03 UTC