Alexander McQueen posts 21 percent profit increase

Alexander McQueen has posted a 21 per cent increase in profits, with total revenue amounting to 40.67 million pounds in the past 12 months. Net profits were 3.97 million pounds.

The company, which is part of PPR, or Gucci Group, operates is own stores in the UK and Italy. It also manages its wholesale business in the USA.

McQueen’s creative director, Sarah Burton, is looking to expand the business in the Middle East. Recently the brand opened a mono-brand store in Kuwait.