Shares in fashion retailer Jimmy Choo (LON:CHOO) fell by nearly 2 percent this morning after releasing their half yearly report.
The company disclosed a modest earnings growth of 0.5% compared to the H1 2014, but saw a fall in growth in Europe, Middle East and Africa, down 4.5 percent at 65.7 million.
The company said in a statement:
“Our strategy as a luxury shoe specialist is for continued growth ahead of the market, which we will realise through the development of our collections, continued fashion leadership and expansion of our retail and wholesale channels. We have made good progress on these during the first half.”
Asia ex-Japan remains the region of strongest growth for the company, with 2 store openings and 3 conversions complementing continued strong underlying growth.