Skip navigation

Gloucestershire Business News

Profits rise for fashion brand

The parent company of fashion retailer, Jigsaw, saw profits rise from £700,000 to £1.9m, in its last financial year.

Sales at the retailer, which has a store in Cheltenham, rose 19% to £56.8m, as reported by Retail Gazette.

It is a big turnaround for the brand, which was struggling even before the pandemic. It closed almost a quarter of its stores in 2021.

Cheltenham was one of the stores which closed, before a new store opened in 2022, right next door to the original premises.

Part of Jigsaw's success was due to selling online through retailers like Next.

Jigsaw is now planning to open more new stores this year, including one in Manchester and several in London.

Related Articles

EXCLUSIVE: Gigantic business park green lit next to M5 J12 Image

EXCLUSIVE: Gigantic business park green lit next to M5 J12

A developer has been given the nod to build four logistics warehouses next to the county's incinerator

All eyes on Gloucester as Channel 4 News hosts key debate Image

All eyes on Gloucester as Channel 4 News hosts key debate

Bellwether city was national focus for seismic election year.

EXCLUSIVE: Gloucester Quays bosses respond to sale rumours Image

EXCLUSIVE: Gloucester Quays bosses respond to sale rumours

Peel Retail & Leisure has commented on reports it was preparing to sell the asset for £85m

Woman arrested following suspected stabbing in Gloucester Image

Woman arrested following suspected stabbing in Gloucester

A man was taken to hospital with serious injuries

Copyright 2024 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.