Good prospects for Cath Kidston

RETAILER Cath Kidston enjoyed a jump in sales and profits last year as it rolled out more stores.

Cath Kidston, best known for their floral prints, enjoyed a bumper year. Picture: Contributed

The chain, known for its floral print products, made £18.7 million in the year to the end of March, up from £16.2m a year before. Turnover surged 18 per cent to £105m.

The private equity firm behind Cath Kidston is reportedly considering a sale or partial sale of the retailer that could net its eponymous founder £50m. TA Associates snapped up 60 per cent of the brand in 2010 and is thought to be planning to put the company on the market next year.